This week’s been rough for proponents of New York City’s pied-à-terre tax. On Monday, former Commerce Secretary Wilbur Ross filed a lawsuit against the state, calling the tax unconstitutional. On Tuesday, a judge ruled the city had to rollback the notices it sent out to property owners and all but basically start over. It follows
A Staten Island judge on Tuesday threw out New York City’s rollout of its new pied-à-terre tax. He ordered Mayor Zohran Mamdani’s administration to cancel the notices it sent to property owners and restart the process of deciding who owes the surcharge. State Supreme Court Justice Wayne Ozzi ruled that before deciding a property is
New York City’s pied-à-terre tax on luxury second homes has hit a roadblock over the publication of a list of hundreds of thousands of residences in the city. A Staten Island judge ruled Tuesday that the previously published list of New York City residences should be removed. Instead, the Department of Finance, or DOF, may
NEW YORK — New York City’s tax on luxury second homes has its latest moneyed opposition: casino mogul Steve Wynn and former Trump administration secretary Wilbur Ross. The pair of wealthy part-time New Yorkers sued the state on Monday over the so-called pied-à-terre tax, arguing the surcharge is unconstitutional because it discriminates against people who
For years, residents of this Southern California beach town could walk a mile along a stretch of cream-colored sand and dip their toes in the waves lapping ashore. That trip has been cut short. Coastal erosion has been eating away at the beach in San Clemente, known for nearly a century as a “Spanish village
As they say, the only things you can’t escape in life are death and taxes. Doing your own taxes has only gotten easier over the years, but it’s still plenty confusing, especially with both federal and state rules and rates always in flux. To help you figure out this confusing process, I’ve written a guide
