How New York’s Second-Home Tax Turned Into a Headache for Mamdani

The bumpy rollout of the tax created an opportunity for Mayor Zohran Mamdani’s opponents to fight him in court and in the City Council.The second-home tax, which is expected to raise hundreds of millions of dollars annually for New York City, was seen as a way to help close a budget gap and deliver on Mayor Zohran Mamdani’s promise to “tax the rich.”