NYC pied-à-terre tax moves forward as appeal proceeds

1 min read
Source: CNBC
NYC pied-à-terre tax moves forward as appeal proceeds
Photo: CNBC
TL;DR

An appellate court allowed New York City's pied-a-terre tax rollout to proceed while a legal challenge continues, after a Staten Island judge briefly blocked the levy; the suit by three residents targets the rollout and notices sent to thousands of homeowners, with the city seeking to maintain timing of implementation, and President Trump criticizing the plan.

Share this article

Want the full story? Read the original reporting

Read on CNBC