A city appeal has stayed a court order to halt the tax until it moves through a higher court.
New York City's luxury second home tax is moving forward for now amid a heated court case granted temporary pause by an appeal.
Last Monday, a Staten Island judge temporarily blocked the rollout of the new tax, which is set to apply to secondary homes valued at $1 million or more (or one-, two- and three-family homes valued at more than $5 million). But the city moved to appeal the ruling, which automatically stayed the ruling until it can move through a higher court. As a result, the city's deadline to apply for an exemption by September 18 — extended from the original deadline of August 21 — remains in place.
Spectrum News NY1 reports that "Staten Island Judge Wayne Ozzi’s ruling came in response to a lawsuit filed by a group of city homeowners who maintain the Mamdani administration 'arbitrarily and capriciously foisted onto New York City residents the burden of proving they are not subject to the surcharge.'" President Trump also called the tax a "dangerous political 'experiment,'" claiming that he is looking to options for federal government intervention.
Read the full story, below.
Read the full story: Luxury second-home tax survives temporary court block, for now
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