Hochul and Mamdani still can’t figure out how — or if — the pied-à-terre tax scheme even works

Opinion editorial Hochul and Mamdani still can’t figure out how — or if — the pied-à-terre tax scheme even works By Post Editorial Board Published June 17, 2026, 7:28 p.m. ET Governor Kathy Hochul and Mayor Zohran Mamdani provide an update on transportation and public safety preparations ahead of the 2026 FIFA World Cup. Matt Roberts/Shutterstock See more of our coverage in your search results. Add The New York Post on Google Call it the pied-à-terre surprise: Gov. Kathy Hochul’s office is still figuring out how her gift to Mayor Zohran Mamdani will actually work. That’s one problem with a levy made up to fit a headline (“make the rich pay”) and a revenue figure ($500 million a year), with zero regard for making any sense.

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