New York’s Luxury Second-Home Tax Faces Constitutional Challenge From Billionaire Property Owners

New York City Mayor Zohran Mamdani’s new tax on expensive second homes is facing a major legal challenge from casino mogul Steve Wynn and former U.S. Commerce Secretary Wilbur Ross, escalating a broader battle over one of the mayor’s signature revenue policies. Wynn and Ross, both Florida residents who own luxury properties in New York […]