Mamdani and Hochul Reach a Compromise: Luxury Second Homes in New York May Soon Be Taxed More Heavily
New York City Mayor Zohran Mamdani appears to have won his first significant concession from Gov. Kathy Hochul in the escalating fight over how to close the city's budget gap. Hochul has decided to back a new annual surcharge on New York City second homes worth $5 million or more…
Latin Times ·