The pulse between the mayor, Wall Street and an anti-mafia lawyer
El impuesto a segundas residencias enfrenta a Mamdani con los multimillonarios de la ciudad con más fortunas del planeta. Leer
New York City Mayor Zohran Mamdani has introduced a new tax on luxury second homes, sparking opposition from the city's wealthy elite. The tax, which ranges from 0.8% to 6.5% annually, is expected to affect around 15,000 properties, mostly in Manhattan, and generate over $500 million in revenue. The tax is intended to fund public services such as childcare, street cleaning, and neighborhood safety.
The move has been met with resistance from billionaires, including Ken Griffin, who bought a $350 million penthouse in 2019, and has been backed by lawyer Randy Mastro, who has helped delay the tax's implementation.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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