- New York City Mayor Zohran Mamdani’s pied-à-terre tax was temporarily blocked by a judge on Monday.
- The ruling comes after New York homeowners sued the city.
- The tax is intended to apply to non-primary homes worth at least $5 million.
The next hearing in the case was set for August 31.
“We are very gratified by the judge’s decision, which has vindicated the rights of hundreds of thousands of New York City homeowners who were subjected to a process they never should have been a part of in the first place,” Randy Mastro, lawyer representing the homeowners, said in a statement provided to Business Insider.
Matt Rauschenbach, a spokesperson for Mamdani, said in a statement to Business Insider that the city would appeal the ruling.
“We disagree with today’s ruling, but we are confident in both the pied-à-terre surcharge and the City’s ability to implement it fairly and effectively,” he said.
Earlier on Monday, Mamdani criticized Mastro, who served as first deputy mayor under his predecessor, Mayor Eric Adams, for filing several lawsuits against the city.
“You know, there are few things more certain in New York City than death, taxes and Randy Mastro filing a lawsuit against this administration,” Mamdani said at a press conference. “So we look forward to vigorously defend our city’s position in court as we have done so with the previous lawsuits that he has filed and I’m sure with the lawsuits that he will continue to file in the months and years to come.”
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