Hochul, Mamdani ‘pied-à-terre’ tax likely won’t raise $500M – and could cost NYC millions: comptroller

The comptroller assumes the city could see a similar scramble to sell homes -- estimating an around 10% revenue loss.

  Properties/Real Estates   Apr 30, 2026   0   15  Add to Reading List
Hochul, Mamdani ‘pied-à-terre’ tax likely won’t raise $500M – and could cost NYC millions: comptroller
The comptroller assumes the city could see a similar scramble to sell homes -- estimating an around 10% revenue loss.
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