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

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

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.

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