Hochul-Mamdani pied-à-terre folly shows it never stops at ‘tax the rich’

Gov. Kathy Hochul and Mayor Zohran Mamdani announced a surtax on 13,000 uber-wealthy nonresident NYC owners of second homes worth $5 million or more.

Black News Black News
May 16, 2026 - 11:05
Hochul-Mamdani pied-à-terre folly shows it never stops at ‘tax the rich’
Gov. Kathy Hochul and Mayor Zohran Mamdani announced a surtax on 13,000 uber-wealthy nonresident NYC owners of second homes worth $5 million or more.
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