Mayor Mamdani Notifies Property Owners of New Pied-à-Terre Tax

 

Department of Finance Sends Letters Notifying Property Owners of the Non-Primary Residence Property Surcharge  

  

Dedicated Webpage Launched to Guide Owners Through the Process 

Today, Mayor Zohran Kwame Mamdani and Department of Finance (DOF) Commissioner Richard Lee began notifying property owners that they may be subject to the new “pied-à-terre” tax via mail. This marks the first step in implementing the tax – proposed in partnership with Governor Kathy Hochul and the State of New York – which applies to one- to three-family homes, condominiums, and co-ops when owners have a separate primary residence. 

 

To support property owners throughout the process, DOF has launched a dedicated webpage (nyc.gov/npsurcharge) featuring frequently asked questions, an eligibility tool, detailed guidance, and instructions for submitting documentation. The administration also funded 13 additional positions within DOF to implement the program and assist property owners and 11 additional staff positions at the Office of Administrative Tax Appeals (OATA) to support the administration of the surcharge.

 

The “pied-à-terre” tax was first announced alongside Governor Hochul this past April, as part of the Mayor’s efforts to close a historic budget gap without slashing essential services or offsetting the cost onto working New Yorkers. 

 

“When I came into office, I made clear that our City would need long-term solutions to our city’s long-term fiscal challenges,” said Mayor Mamdani. “On Tax Day earlier this year, I promised that we would tax the rich, and with our new pied-à-terre tax, that is exactly what we have done. Today is the first step in implementing this tax and collecting critical revenue to fund our parks, schools and libraries. We will diligently implement this law and ensure that we collect what working New Yorkers – and this city – deserve.”

 

"The Mamdani administration and Department of Finance are committed to implementing the new non-primary residence property surcharge fairly and efficiently,” said Commissioner Lee. “We have already taken the first steps in this process, including mailing initial notifications, launching a dedicated webpage, and other resources to help property owners navigate the new requirements. As implementation continues, we will ensure the process is carried out transparently and with careful consideration at every step." 

 

“The second home tax is a win for New York,” wrote The New York Times editorial board earlier this week. 

 

In addition to the dedicated webpage (nyc.gov/npsurcharge), DOF prepared extensive resources for property owners, including:

 

•    Customer service representatives and 311 operators trained to answer questions about the surcharge and appeals process. 

•    A secure online account to help protect sensitive information for property owners to upload supporting documents and track their submissions.

•    A dedicated team to review inquiries and supporting documentation.

•    Staff specially trained to handle complex or unique cases.  

•    Internal review procedures to ensure consistent determinations.

 

For more information about the non-primary residence property surcharge, including eligibility requirements, instructions for submitting documentation and how to file an appeal, visit nyc.gov/npsurcharge or call 311.