Judge deals blow to Mamdani plan to tax second homes

New York City's Effort to Tax Million-Dollar Second Homes Hits Roadblock A surprise court ruling has dealt a significant blow to New York City's ambitious plan to tax second homes worth more than $5 million. Judge Wayne Ozzi, a Democrat on the state's Supreme Court, has temporarily blocked the rollout of the new tax, citing concerns over the city's public list of affected homeowners. The list, which includes over 900,000 properties, was set to be used to identify and target owners of high-end second homes. The ruling is a major setback for City Council member Zohran Mamdani, who championed the tax as a way to address the city's housing affordability crisis and generate revenue for social programs.

A judge in Staten Island, N.Y., temporarily blocked New York City Zohran Mamdani’s (D) rollout of a new tax on second homes worth more than $5 million, according to multiple reports. The ruling from Judge Wayne Ozzi, a Democrat on the state’s Supreme Court, required the city to take down a public list of 900,000-plus...