New York Note: Pied à Terre Tax, Council Legislation, Mayoral Appointment Approved

Proposed Pied‑à‑Terre Tax Announced for New York State

Mayor Zohran Mamdani and Governor Kathy Hochul announced a proposal to enact New York State’s first pied‑à‑terre tax, imposing an annual surcharge on one‑ to three‑family homes, condominiums, and co‑ops valued above $5 million when the owner’s primary residence is outside New York City. The proposal is projected to generate $500 million annually to help close the city’s budget gap, applies to secondary residential properties, and represents the first time a pied‑à‑terre tax would be enacted in New York State after similar proposals from prior administrations.

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NYC Council Passes and Introduces Legislation

Last Thursday, the New York City Council advanced a legislative package focused primarily on Earth Day initiatives, reporting requirements for mental health emergency calls, and additional measures to maintain safety at nonpublic schools. The Council also introduced legislation requiring certain city contractors to develop and implement a cultural passport program promoting visits to sites in each borough, mandating reporting on construction activity for capital projects, establishing and expanding school gardens, requiring Department of Sanitation violation notices to include photographic evidence, providing leave for bone marrow and living organ donation and creating a city donor honor roll, and establishing a public notification program for school emergencies, among other proposals. In addition, several bills were introduced to enhance tourism and the fan experience ahead of the 2026 World Cup, including measures to develop a World Cup events calendar, create a map of cultural corridors and small businesses connected to participating nations, provide consumer protection outreach and education for tourists, and expand access to public bathrooms during the tournament. All passed and introduced bills are available here.

Council Approves Appointment of Nadia Shihata

In addition to other legislation passed at last week’s Stated Meeting, the New York City Council voted to confirm Mayor Zohran Mamdani’s appointment of Nadia Shihata as Commissioner of the New York City Department of Investigation, approving the nomination by a 40–9 margin. Shihata, a former federal prosecutor who served more than 11 years at the U.S. Attorney’s Office for the Eastern District of New York, including as chief of the Organized Crime and Gangs Section and deputy chief of the Public Integrity Section, was confirmed following Council scrutiny related to her prior political activity and personal associations, and will now lead the independent oversight agency charged with investigating corruption, waste, fraud, and abuse across city government and entities that do business with the city.

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