Pied-à-terre tax rollout challenge tossed by appeals court
Second homeowners will not be getting a pied-à-terre tax reprieve. Four justices of the New York Supreme Court’s Appellate Division on Wednesday overturned the lower court order by Judge Wayne Ozzi that the city scrap its rollout of the controversial second home surcharge, remove the supplemental roll listing 900,000 properties and nullify notices sent to potentially eligible homeowners. The panel ruled that the petitioners in the underlying suit, including Kenneth Fishel of Renaissance Properties, lack standing because they weren’t injured by appearing on the list or receiving notices. The judges also highlighted that the supplemental roll is similar to assessment […]
This article originally appeared on The Real Deal. Click here to read the full story.
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