A judge temporarily blocks New York City’s controversial pied-a-terre tax after homeowners filed a lawsuit. Cheryl Casone and analyst Mitch Roschelle discuss the rollout, calling it a ‘hot mess’ and ‘wealth confiscation.’
A judge temporarily blocks New York City’s controversial pied-a-terre tax surcharge following a major homeowner lawsuit. Real estate analyst Mitch Roschelle breaks down the rollout debacle and labels the measure ‘wealth confiscation’ and a ‘hot mess’ that will likely remain tied up in court for a long time.
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