POLITICSBUSINESS INSIDER
Mamdani puts wealthy absentee New Yorkers on notice: 'You've got mail'
New York City Mayor Zohran Mamdani notified property owners of the upcoming pied-à-terre tax on second homes valued over $5 million. The tax, which could raise $500 million annually, applies to over 11,000 properties and targets wealthy individuals like Jeff Bezos, Donald Trump, and Ken Griffin.
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