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Mmastodon BusinessReal Estate first seen 1 d ago, last 1 h 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 abandon its current rollout of a tax on second homes and begin the process again. The ruling follows a legal challenge to how the city implemented the levy, which targets owners of part-time residences. The decision forces officials back to the drawing board on a politically charged measure affecting the luxury real estate market.

Why now: A court ruling has halted a high-profile tax affecting wealthy homeowners and the New York real estate market.

New YorkNew York City

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