Judge Orders NYC to Restart Secondary Home Tax Rollout
A judge ordered New York City to restart its secondary home tax rollout and issue new notices to homeowners. The city immediately appealed the ruling, maintaining that the surcharge implementation complies fully with the law.
A New York state judge on Tuesday ordered New York City to halt its current rollout of a new secondary-home tax and issue new notices, though city officials quickly appealed. The ruling pauses a signature initiative intended to generate $500 million annually for the United States's largest city. The legal challenge adds to mounting pressure against the municipal administration as property owners fight the surcharge ahead of an October deadline.
