Court sides with NYC Mayor Mamdani on pied-à-terre tax, overturning earlier ruling
Appellate Division finds homeowners lack standing; constitutional challenge set for December
New York City's pied-à-terre tax on second homes worth over $5 million scored a legal victory on Wednesday when the Appellate Division of the New York Supreme Court reversed a September ruling that had indicated its implementation needed to be redone. The court found that the homeowners who sued lacked standing, as their claims of confusion and potential injury were too generalized or speculative. The tax still faces a constitutional challenge scheduled for December.