Mamdani says he's 'confident' NYC will collect $500 million with pied-à-terre tax | YESODI

Mamdani says he's 'confident' NYC will collect $500 million with pied-à-terre tax

By NYC Scene

NYC Scene October 29, 2026

Mayor Mamdani is betting big on NYC's pied-à-terre tax bringing in half a billion dollars. The controversial levy on luxury apartments owned by non-residents could reshape how the city funds its future. Will it actually work?

More posts by NYC Scene →

Read on Yesodi → Join Yesodi →