Mamdani extends deadline for NYC homeowners to seek exemption from new pied-à-terre tax
Mayor Zohran Mamdani has given homeowners in New York City an additional month to apply to be exempt from his new pied-à-terre tax, which went into effect on July 1.Homeowners...
By Fox News · Fox News
Mayor Zohran Mamdani has given homeowners in New York City an additional month to apply to be exempt from his new pied-à-terre tax, which went into effect on July 1. Homeowners across the five boroughs who believe they should qualify for an exemption now have until Sept. 18 to apply for one, according to City Hall. The previous deadline was Aug. 21. The extended deadline, city officials said, applies to anyone who received notices from the Department of Finance (DOF) with the phrase "You may be subject to..." The pied-à-terre tax, passed by the New York State Legislature in May, imposes an annual surcharge on certain high-value New York City homes worth more than $5 million that are not the owner's primary residence. LIBERAL PODCASTER SAYS HE WAS 'DOXED' BY MAMDANI'S 'WANTED POSTER' OF PROPERTY OWNERS The city's finance department said the extension was necessary to give homeowners more time to prove that their home is in fact their primary residence, which would mean the tax would not apply to them. Some homeowners were initially confused because on July 24, the city published a list of more than 900,000 properties in a "supplemental market value roll" without explaining that the vast majority of them would not be getting hit with the pied-à-terre tax. "This roll includes, but is not limited to, those properties that may be subject to the surcharge," according to a city webpage archived on Monday. On Thursday, the webpage was updated with the following disclaimer: "Not every property or unit listed in the roll will be subject to the surcharge. Only property owners to whom DOF sent a notification by mail are required to take further action." PROPERTY OWNER ADVOCACY GROUPS PUSH BACK ON MAMDANI'S 'RENTAL RIPOFF REPORT,' PUBLIC DATA BASE OF LANDLORDS On Saturday, the same webpage was updated once again , clarifying that the DOF had only sent surcharge letters to 17,000 homeowners, and that only those people should concern themselves with sending an exemption applicati…