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CNBC

Trump says NYC pied-à-terre tax 'must be stopped,' eyes federal block

Tuesday, August 11, 2026


Trump posted on Truth Social that New York City's pied-à-terre tax will "destroy" the city and state. The tax, proposed by Manhattan Borough President Mark Levine, targets second homes valued above a certain threshold. Trump did not specify in the post what federal action he would pursue to block the tax.

Original reporting: https://www.cnbc.com/2026/08/11/trump-nyc-pied-a-terre-tax-mamdani-lawsuit.html

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