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NYC Mayor Mamdani's plan to 'tax the rich' stalls as judge pauses pied-a-terre levy rollout

NYC Mayor Mamdani's plan to tax the rich has stalled after Staten Island Supreme Court Justice Wayne Ozzi issued a temporary restraining order prohibiting any action on the pied-a-terre levy. The judge's order means the luxury second home tax cannot be implemented at this time.

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Monday, August 10, 2026 at 10:07 PM EDT

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