{"id":323945,"date":"2026-08-18T12:14:22","date_gmt":"2026-08-18T12:14:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/323945\/"},"modified":"2026-08-18T12:14:22","modified_gmt":"2026-08-18T12:14:22","slug":"nyc-city-council-to-hold-hearing-on-pied-a-terre-tax","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/323945\/","title":{"rendered":"NYC City Council to hold hearing on pied-\u00e0-terre tax"},"content":{"rendered":"<p>UPPER WEST SIDE, Manhattan (PIX11) \u2014 Tuesday will be a major test for Mayor Zohran Mamdani\u2019s pied-\u00e0-terre tax.\u00a0<\/p>\n<p>The City Council is holding an oversight hearing after the rollout sparked confusion among thousands of New York City homeowners and a lawsuit that temporarily put the tax on hold.<\/p>\n<p>The big question is not necessarily whether the city should tax expensive second homes, but whether the city properly handled the rollout of this tax.<\/p>\n<p>Pied-\u00e0-terre was a plan to make New York\u2019s wealthiest pay more, but the rollout has so far caused considerable confusion.<\/p>\n<p>The Department of Finance sent letters to roughly 17,000 property owners identified as potentially subject to the tax. Still, it also published a much larger list of hundreds of thousands of properties, leaving many homeowners wondering why they were included and whether they actually owe anything.<\/p>\n<p>\t<a href=\"https:\/\/pix11.com\/\" class=\"promo-link__link\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n\t\tMore: Latest News from Around the Tri-State\t<\/a><\/p>\n<p>The City says the vast majority of those properties will not be subject to the surcharge.<\/p>\n<p>Homeowners who received a notice can apply for an exemption if the property is their primary residence.<\/p>\n<p>The confusion has already led to a lawsuit and, last week, a temporary pause in the rollout.<\/p>\n<p>On Tuesday, council members want answers about how the Department of Finance identified these properties, how homeowners were notified, and how the city plans to fix the confusion.<\/p>\n<p>The exemption deadline is now September 18.<\/p>\n","protected":false},"excerpt":{"rendered":"UPPER WEST SIDE, Manhattan (PIX11) \u2014 Tuesday will be a major test for Mayor Zohran Mamdani\u2019s pied-\u00e0-terre tax.\u00a0&hellip;\n","protected":false},"author":2,"featured_media":323946,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[128,9,24,63,129,131,130],"class_list":["post-323945","post","type-post","status-publish","format-standard","has-post-thumbnail","category-the-bronx","tag-bronx","tag-new-york","tag-new-york-city","tag-nyc","tag-the-bronx","tag-the-bronx-headlines","tag-the-bronx-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/323945","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=323945"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/323945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/323946"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=323945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=323945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=323945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}