Mamdani extends deadline for NYC homeowners to seek exemption from new pied-à-terre tax
The pied-a-terre tax sparked confusion after 900,000 properties appeared on a supplemental roll, but only 17,000 homeowners received surcharge letters.
Source excerpt
Mayor Zohran Mamdani has given homeowners in New York City an additional month to apply to be exempt from his new pied-à-terre tax, which went into effect on July 1.
Homeowners across the five boroughs who believe they should qualify for an exemption now have until Sept.
The extended deadline, city officials said, applies to anyone who received notices from the Department of Finance (DOF) with the phrase "You may be subject to..."
The pied-à-terre tax, passed by the New York State Legislature in May, imposes an annual surcharge on certain high-value New York City homes worth more than $5 million that are not the owner's primary residence.
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