President Trump on Tuesday threatened to take federal action to stop Mamdani’s new pied-à-terre tax, which hits New Yorkers who own a valuable second home.
Last month, Mamdani implemented a so-called luxury property tax on second homes valued at $5 million or more. The property tax also affected certain co-ops valued over $1 million.
Mamdani doxxed the homeowners after his Department of Finance published a database listing the names and addresses of the 960,000 properties.
“As per State law, a property roll was released for public inspection. From this list, DOF will identify properties that may be subject to the new non-primary residence property surcharge,” a Mamdani spox previously told Fox News.
Affluent homeowners said the database and doxxing could lead to harassment and violence.
Homeowners filed a lawsuit in New York’s Supreme Court to stop Mamdani’s property tax
The lawsuit argues that New York City bungled the execution of the new tax by “arbitrarily and capriciously” forcing hundreds of thousands of residents to prove they do not owe the tax.
On Monday, a Staten Island Supreme Court Judge temporarily blocked Mamdani’s property tax as the lawsuit makes it way through the legal system.
The next hearing is set for August 31.
President Trump said he is looking into taking federal action to stop Mamdani’s property tax.
Trump’s full statement:
The NYC Pied-a-Terre Tax is costing New York City and State a fortune in that the money, eventually to be gotten, is very little compared to to the TAXES PAID by the tens of thousands of people who are fleeing the City, never to return.
Florida, Texas, and numerous other States, are making an absolute fortune! This dangerous political “experiment” in New York will destroy what was once a great City and State.
It is pure Amateur Hour, and it’s hard, as President of the United States of America, to sit back and watch it happen, especially to a place I once loved. Financial, and then Social, RUIN, is a 100% certainty – And then the Radical Left Jihadists charge Congestion Pricing on top of everything else.
This doesn’t work in America, and must be stopped, NOW! I am looking to see if the Federal Government has any legal right to avert this disaster, before it is too late, for the millions of people who cherish New York and want to see it thrive, as opposed to becoming a filthy, crime ridden, decrepit place of mockery and scorn. MAKE AMERICA GREAT AGAIN! President DJT
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