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New York’s wealthy rush to avoid Mamdani’s second-home tax

New York’s wealthy rush to avoid Mamdani’s second-home tax

Business—

Wealthy New Yorkers are seeking exemptions to Mayor Zohran Mamdani’s second-home tax, with thousands filing applications to avoid the levy. New York City Hall confirmed to FOX Business that as of Monday, about 4,800 property owners have started the process of…