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Wealthy New Yorkers grumble as a new tax looms

Zohran Mamdani, New York's Democratic Socialist mayor, skips the Met Gala while pursuing a pied-à-te...

LATEST NEWS April 23, 2026

Wealthy New Yorkers grumble as a new tax looms

Zohran Mamdani, New York's Democratic Socialist mayor, skips the Met Gala while pursuing a pied-à-terre tax on luxury second homes to fund public services.

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Zohran Mamdani, New York's Democratic Socialist mayor, skips the Met Gala while pursuing a pied-à-terre tax on luxury second homes to fund public services.

Author: The Economist

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