NYC Keeps 2nd Home Tax On Target After Court Halts Rollout
New York City's implementation of its new pied-à-terre tax on high-value second homes remains on track after the city filed an appeal, which temporarily suspended a court order that had paused parts of the rollout. The measure has generated controversy as thousands of property owners have received notices requiring them to prove their homes qualify as primary residences and are therefore exempt. Hodgson Russ partner Timothy Noonan criticized the administration of the program, saying the firm has been contacted by dozens of residents who are appealing city determinations to demonstrate that they actually live in New York City. He suggested the issue could affect thousands of homeowners and reflects broader concerns that the rollout has imposed unnecessary compliance burdens on residents.
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