Mamdani Defends Searchable Property Database Amid Backlash Over NYC's Pied-à-Terre Tax: 'This Is Not A Targeted List..'
NYC's pied-à-terre tax rollout draws criticism over a searchable property database, privacy concerns and implementation questions.
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Why It Matters
New York City made a searchable database of expensive apartment owners to collect a new tax, but people are worried about privacy and how it works. When rules get complicated or upset people, it can make businesses and investors nervous about where they operate.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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