Ken Griffin's property tax bill for his New York City properties is expected to rise by $1.4 million. This increase is attributed to the new pied-à-terre tax on luxury second homes, which was introduced by Mayor Zohran Mamdani and Governor Kathy Hochul.
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Ken Griffin's NYC Property Tax Bill Expected to Increase by $1.4 Million
Ken Griffin is facing a significant increase in his property tax bill for his New York City properties, projected to rise by $1.4 million. This change is due to the recently implemented pied-à-terre tax on luxury second homes.
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Ken Griffin
Zohran Mamdani
Kathy Hochul
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wirepublicmainstream
flavoredpartisanadvocacy
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Original Headline
Ken Griffin poised to pay extra $1.4M in taxes for NYC properties thanks to Mamdani’s pied-à-terre tax: report
Neutral Headline
Ken Griffin's NYC Property Tax Bill Expected to Increase by $1.4 Million