New York City Mayor Zohran Mamdani's pied-à-terre property tax is moving ahead. But will it work?

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• CNBCLean R·1h ago

  New York City Mayor Zohran Mamdani's pied-à-terre property tax is moving ahead. But will it work?

  New York is moving ahead with a pied-à-terre property tax in its budget. Existing taxes from around the world's major cities show the limits of the policy.

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