New York's Tax Move: List of Second Home Owners Released

The administration of New York Mayor Zohran Mamdani has released a public database containing the names and addresses of property owners who may be affected by the new 'pied-à-terre' tax on second homes.This decision has been criticized for disclosing personal information. The New York Department of Finance has made available a searchable database of properties in five boroughs that are valued at over $1 million and are not used as primary residences. The list includes the names and addresses of property owners.New York City Council Minority Leader David Carr called the move 'irresponsible and absurd'. Carr stated, 'Given that thousands of properties on this list may not be second homes or may be exempt after appeal, this is a very dangerous step.'The city administration stated that the published list is a standard application required by state laws. A spokesperson for the Department of Finance said that publishing the list of properties is a legal requirement for public oversight, but not all property owners on the list will receive tax notices.