Read the memo Mamdani's team sent to NYC lawmakers explaining the controversial pied-à-terre tax rollout

Source: Business Insider

City Council is holding a public hearing Tuesday about Mayor Zohran Mamdani's rollout of a new tax on luxury second homes. cmart7327/Getty ImagesNYC City Council is holding a meeting on Tuesday over the pied-à-terre tax rollout. Mayor Zohran Mamdani's team submitted testimony explaining how they've started informing homeowners.

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