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Appeals court clears path for NYC pied-à-terre tax

A Brooklyn appeals court reversed a judge’s order that had found New York erred in rolling out its pied-à-terre tax and dismissed a lawsuit challenging the rollout. The court ruled that homeowner plaintiffs lacked standing, allowing Mayor Zohran Mamdani’s administration to move forward with the tax on high-end second homes and delivering a victory on a key part of his agenda.

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