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Benzinga
Benzinga
Business
Tanya Rawat

Mamdani Defends Searchable Property Database Amid Backlash Over NYC's Pied-à-Terre Tax: 'This Is Not A Targeted List..'

New,York,,Ny,-,April,3,,2025:,Assemblymember,Zohran,Mamdani

New York City Mayor Zohran Kwame Mamdani is facing fresh criticism over the rollout of the city’s new pied-à-terre tax after a searchable database listing roughly 960,000 city properties sparked privacy concerns and questions about how the tax will be implemented, Fox News national correspondent Bryan Llenas reported Wednesday.

The pied-à-terre tax targets certain luxury second homes rather than primary residences. City officials have said the measure is intended to apply to second homes valued at more than $5 million and is expected to generate about $500 million to fund public services.

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