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Mmastodon BusinessReal Estate first seen 10 h ago, last 1 h ago, peak #5

Judge Orders New York to Restart Second-Home Tax Rollout

Original: Judge Orders New York to Scrap Rollout of Second-Home Tax and Start Over https://www.nytimes.com/2026/09/29/nyregion/nyc

A judge has ordered New York to abandon its current rollout of a tax on second homes and begin the process again. The ruling halts, at least temporarily, the state's effort to levy the tax on part-time residents and vacation property owners. The decision is drawing attention in real estate, political and legal circles, with questions over how the state will redraft the plan and what it means for wealthy homeowners and local tax revenue.

Why now: A fresh court ruling against a high-profile and contentious tax directly affects homeowners, the real estate market and state finances.

New YorkNew York Citysecond-home tax

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