A group of aggrieved New York City homeowners are suing to delay Mayor Zohran Mamdani's looming pied-à-terre tax, an early legal challenge to the new surcharge that took effect about a month ago.
Rebecca Picciotto is an Associate Reporter at CNBC in New York City. She specializes in covering economic and domestic policy, with a focus on the construction and real estate sectors, as well as legal affairs and the housing market. Her work has been featured in prominent outlets including NBC News, The Wall Street Journal, and various NBC affiliates across the country.
