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Judge Halts NYC’s Billion-Dollar Second Home Tax | New York City News
A Staten Island judge has halted New York City’s controversial second-home tax, ordering the city to remove nearly a million properties from its online list and pause all related deadlines. The tax targets luxury homes valued at $5 million+ and high-end co-ops/condos worth $1 million+, aiming to fund critical infrastructure. Homeowners sued, claiming the city’s rollout caused confusion and unfairly pressured them to prove residency. City officials strongly oppose the ruling, calling the tax vital for public services and vowing to appeal immediately. The mayor also criticized the plaintiffs’…
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