NYC Luxury Tax Battle Heats Up | Wilmington News

New York City’s luxury “pied-à-terre” tax, targeting expensive second homes, is back on track after an appeals court lifted a temporary injunction — but the legal battle rages on. The city, aiming to raise $500M by 2028 for schools and safety, says homeowners must prove residency, while lawyers for challenged property owners call the rollout a botched mess and demand permanent relief. The judge originally blocked the tax, citing procedural errors, but the city argues its appeal automatically paused enforcement — now, the fight continues in court as both sides clash over who should bear the burden of proof. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cc2318c722337638