NY judge halts NYC luxury-home tax rollout, pulls 900,000-owner list
What's new: The order blocks the city from collecting the surcharge or enforcing deadlines until it makes property-by-property determinations.
A New York judge temporarily halted New York City’s rollout of a new tax on luxury second homes and ordered City Hall to remove a published list naming more than 900,000 homeowners with addresses and property values. The order bars the city from imposing, assessing or collecting the surcharge tied to the supplemental property roll and from sending notices without the individualized review required under state tax law. The dispute centers on a tax aimed at second homes valued above $5 million. Critics argued the city cast too wide a net by requiring homeowners to prove a property was a primary residence after publishing the list.