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Mmastodon BusinessReal Estate first seen 1 d ago, last 43 min ago, peak #4

Judge Orders New York to Redo Second-Home Tax Rollout

Original: Judge Orders New York to Scrap Rollout of Second-Home Tax and Start Over https://www.nytimes.com/2026/09/29/nyregion/nyc

A judge has ordered New York to scrap its rollout of a tax on second homes and start the process over. The ruling, reported by the New York Times, comes out of a lawsuit challenging how the tax was implemented. The decision affects the city's plan to tax secondary residences and will force officials to revisit the rollout procedures.

Why now: A court ruling has blocked a consequential tax on second homes, affecting homeowners, real estate and city revenue plans.

New YorkNew York CityNew York Times

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