Pied-à-terre tax disputed in court
A New York City pied-à-terre tax faced legal challenges after a judge ruled that the city mishandled its implementation, canceling previously sent notices and requiring new, individualized assessments. Lawsuits filed by Steve Wynn and Wilbur Ross argue the tax unfairly targets nonresidents and improperly accounts for revenue, while officials maintain the tax supports city services and fairness for the wealthy. The city plans to seek a stay to continue the rollout amid ongoing legal proceedings.
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