{"id":323982,"date":"2026-08-18T13:02:14","date_gmt":"2026-08-18T13:02:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/323982\/"},"modified":"2026-08-18T13:02:14","modified_gmt":"2026-08-18T13:02:14","slug":"nyc-city-council-to-hold-hearing-on-pied-a-terre-tax-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/323982\/","title":{"rendered":"NYC City Council to hold hearing on pied-\u00e0-terre tax"},"content":{"rendered":"<p class=\"mb-4 text-lg md:leading-8 break-words\">UPPER WEST SIDE, Manhattan (PIX11) &#8212; Tuesday will be a major test for Mayor Zohran Mamdani&#8217;s pied-\u00e0-terre tax.\u00a0<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">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 class=\"mb-4 text-lg md:leading-8 break-words\"><a data-ylk=\"slk:More Local News;elm:context_link;itc:0;sec:content-canvas;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;link&quot;,&quot;yLinkElementType&quot;:&quot;article_link&quot;}\" href=\"https:\/\/pix11.com\/news\/local-news\/\" class=\"promo-link__link\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">\u00a0More Local News\u00a0<\/a><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">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 class=\"mb-4 text-lg md:leading-8 break-words\">Pied-\u00e0-terre was a plan to make New York&#8217;s wealthiest pay more, but the rollout has so far caused considerable confusion.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">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 class=\"mb-4 text-lg md:leading-8 break-words\"><a data-ylk=\"slk:More: Latest News from Around the Tri-State;elm:context_link;itc:0;sec:content-canvas;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;link&quot;,&quot;yLinkElementType&quot;:&quot;article_link&quot;}\" href=\"https:\/\/pix11.com\/\" class=\"promo-link__link\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">\u00a0More: Latest News from Around the Tri-State\u00a0<\/a><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The City says the vast majority of those properties will not be subject to the surcharge.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Homeowners who received a notice can apply for an exemption if the property is their primary residence.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The confusion has already led to a lawsuit and, last week, a temporary pause in the rollout.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">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 class=\"mb-4 text-lg md:leading-8 break-words\">The exemption deadline is now September 18.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><a data-ylk=\"slk:For the latest news, weather, sports, and streaming video, head to PIX11.;elm:context_link;itc:0;sec:content-canvas;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;link&quot;,&quot;yLinkElementType&quot;:&quot;article_link&quot;}\" href=\"https:\/\/pix11.com\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">For the latest news, weather, sports, and streaming video, head to PIX11.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"UPPER WEST SIDE, Manhattan (PIX11) &#8212; Tuesday will be a major test for Mayor Zohran Mamdani&#8217;s pied-\u00e0-terre tax.\u00a0&hellip;\n","protected":false},"author":2,"featured_media":323983,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[39014,9,24,56,63,65,64,37770],"class_list":["post-323982","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-department-of-finance","tag-new-york","tag-new-york-city","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news","tag-the-city-council"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/323982","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=323982"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/323982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/323983"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=323982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=323982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=323982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}