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NYC’s $5M Home Tax Under Fire | New York City News
New York City’s controversial new tax on luxury second homes over $5 million is facing scrutiny as Council members grill officials over a chaotic rollout that accidentally targeted full-time residents. Mayor Mamdani defends the tax as vital for funding safer streets and schools, but critics demand transparency—especially after confusing notices and unclear databases left many confused. The heated hearing today aims to fix the mess, with affected homeowners set to testify, while the mayor remains steadfast in his support. Listen in comfort:Get a discount on a Soli Pillow…
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