N ew York City’s tax on second homes, which went into effect on July 1st, has sparked an uproar from billionaires and residents alike. While the city is still working through which properties will get hit, it released an enormous list on Monday including hundreds of thousands of addresses and owner’s names.
The bad blood has been brewing since April, when Mayor Zohran Mamdani unveiled his plans for the tax by filming a video outside the $240 million penthouse of hedge fund mogul Ken Griffin. “When I ran for mayor, I said we were going to tax the rich,” Mamdani said, leaning into the camera. “Well, today we’re taxing the rich.”
Griffin’s…
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