NYC's plan to tax luxury second homes, explained

Tech Insider : Politics, Economy, Business
Zohran Mamdani
NYC Mayor Zohran Mamdani and Gov. Kathy Hochul proposed a new tax on Wednesday.

Anadolu/Anadolu via Getty Images

Trump says Zohran Mamdani is 'destroying' NYC with proposed tax on the wealthy

Tech Insider : Politics, Business
Zohran Mamdani and Donald Trump
President Donald Trump lambasted New York City Mayor Zohran Mamdani on Truth Social.

Bloomberg/Bloomberg via Getty Images

Penthouse pieds-à-terre: Bezos, Trump, and other billionaires facing Mamdani's proposed tax

Tech Insider : Politics, Economy, Economy
Bezos, Mamdani
Jeff Bezos would be among the many billionaires impacted by a proposed pied-à-terre tax backed by Mayor Zohran Mamdani.

Jamie McCarthy/WireImage; Adam Gray/Bloomberg via Getty Images

'NYC is cooked': Business leaders and Wall Streeters erupt over proposed luxury second-home tax

Tech Insider : Economy, Politics, Business
Zohran Mamdani grins toward the camera, flanked by photographers.
Mayor Zohran Mamdani has backed a proposal by Gov. Kathy Hochul to tax second homes in New York City valued at over $5 million.

Caean Couto/Getty Images

Zohran Mamdani is still getting paid from his rap career

Tech Insider : Politics, Business
Zohran Mamdani
Mamdani and his wife, Rama Duwaji, got $7,011 back from the government, according to his 2025 tax return.

Adam Gray/Bloomberg via Getty Images

Live in Miami or Silicon Valley with a luxury apartment in New York? Get ready for a new tax

Tech Insider : Economy, Business
Mayor Mamdani
NYC's pied-à-terre tax is a rare tax policy agreement between Mamdani and Hochul.

Ryan Murphy/Getty Images

Mamdani is cracking down on food delivery app junk fees in NYC

Tech Insider : Economy, Business
Zohran Mamdani
Affordable housing has become a central part of NYC Zohran Mamdani's agenda.

Bloomberg/Getty Images

Jamie Dimon warns high taxes could push people out of New York — but Wall Street isn't leaving yet

Tech Insider : Business
Jamie Dimon
Jamie Dimon said high taxes could drive employees out of New York City.

John Lamparski/Getty Images

How one factory supplies NYC's corner store delis

Tech Insider : Economy, Business, Style

Bodegas are one of New York City's oldest and largest neighborhood institutions, with more than 10,000 spread across the city's five boroughs. But this century-old industry is fighting to stay alive under rising rents, cutthroat competition, and Zohran Mamdani's city-run grocery initiative.

Mark Cuban names 2 up-and-coming Democrats he's impressed with, says the rest can't 'sell dollar bills for 50 cents'

Tech Insider : Politics, Business
Mark Cuban
Cuban named NYC Mayor Zohran Mamdani and Texas Senate candidate James Talarico as two Democrats who've "figured out social media algorithms."

John Nacion/Variety via Getty Images

Subscribe to zohran-mamdani