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Mayor Zohran Mamdani’s administration is seeing the light at the end of its chaotic rollout of a pied-à-terre tax.  After weathering rebukes from lawmakers and a legal challenge from homeowners represented by former Deputy Mayor Randy Mastro, an appeals court greenlit implementation of the levy to continue apace until oral arguments take place on Aug. 31. Despite all the noise and pushback the administration has faced over its first stab at taxing the rich, most recently getting flack for its no-show at a Council oversight hearing this week, the underlying policy remains intact.  The central issue for lawsuit plaintiffs, homeowners […]

This article originally appeared on The Real Deal. Click here to read the full story.

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