{"id":312429,"date":"2026-08-03T13:03:07","date_gmt":"2026-08-03T13:03:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/312429\/"},"modified":"2026-08-03T13:03:07","modified_gmt":"2026-08-03T13:03:07","slug":"nyc-pied-a-terre-tax-will-trigger-capital-flight-bill-ackman-warns","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/312429\/","title":{"rendered":"NYC pied-\u00e0-terre tax will trigger capital flight, Bill Ackman warns"},"content":{"rendered":"<p class=\"dek\">\n              \u2018Mornings with Maria\u2019 panelists discuss Bill Ackman&#8217;s warning that the new NYC pied-\u00e0-terre tax will lead to capital flight and lower overall tax revenues as wealthy residents flee luxury properties.\n            <\/p>\n<p class=\"dek long-dek\">Panelists examine the economic fallout of NYC&#8217;s new pied-\u00e0-terre tax on \u2018Mornings with Maria\u2019. Investor Bill Ackman warns the annual fee on luxury properties worth over $5 million will trigger severe capital flight and ultimately reduce overall tax revenues. Zohran Mamdani defends the controversial policy as a necessary measure to tax the wealthiest non-resident real estate owners.<\/p>\n","protected":false},"excerpt":{"rendered":"\u2018Mornings with Maria\u2019 panelists discuss Bill Ackman&#8217;s warning that the new NYC pied-\u00e0-terre tax will lead to capital&hellip;\n","protected":false},"author":2,"featured_media":312430,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[9,56,63,65,64],"class_list":["post-312429","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-new-york","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/312429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=312429"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/312429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/312430"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=312429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=312429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=312429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}