Zohran Mamdani’s Memo on NYC Pied-à-Terre Tax Addresses Homeowner Concerns |
New York City Mayor Zohran Mamdani’s administration chose not to attend Tuesday’s (August 25) City Council hearing on the rollout of the pied‑à‑terre tax, instead submitting a detailed written memo seen by Business Insider. Finance Commissioner Richard Lee explained that ongoing litigation prevented him from appearing in person, but emphasised that the Department of Finance…