Are you committing tax fraud? New York Gov. Kathy Hochul’s about to find out, all thanks to the pied-à-terre tax rollout

New York City homeowners have filed a lawsuit against Mayor Zohran Mamdani's administration regarding the rollout of the pied-à-terre tax. The plaintiffs claim the implementation of this luxury second-home tax was bungled and that they have been improperly targeted. This legal action seeks to delay the controversial state tax rollout. The situation follows Governor Kathy Hochul's initiative to identify tax fraud through the new system targeting high-end residential properties within the Big Apple.