NYC Appeals Court Clears Way for Mamdani’s Luxury Second-Home Tax

NYC APPEALS COURT CLEARS WAY FOR MAMDANI’S LUXURY SECOND-HOME TAX — A New York appeals court ruled that Mayor Zohran Mamdani’s administration can proceed with its tax on high-value second homes, including houses worth $5 million or more. The court overturned a lower-court ruling requiring the city to restart the rollout, dismissing homeowners’ claims for lack of demonstrated harm. The decision marks a legal victory for Mamdani, although separate lawsuits challenging the tax’s constitutionality remain pending.