Amid billionaire exodus, NYC's Mamdani tells $5M homeowners: Check your mail
New York City Mayor Eric Adams is introducing a new tax on high-value second homes to help fund essential public services. The move comes as the city grapples with an exodus of high-income residents to other states. At the same time, companies such as Airbnb are expanding their footprint in New York, underscoring the city's evolving economic landscape.
New York City Mayor Eric Adams is introducing a new tax on high-value second homes to help fund essential public services. The move comes as the city grapples with an exodus of high-income residents to other states. At the same time, companies such as Airbnb are expanding their footprint in New York, underscoring the city's evolving economic landscape.
