President Donald Trump attacked New York City Mayor Zohran Mamdani on April 16, a day after Mamdani and Gov. Kathy Hochul proposed a pied-à-terre tax on second homes. “Sadly, Mayor Mamdani is DESTROYING New York!” Trump wrote on Truth Social.
The proposal would add an annual surcharge to New York City homes worth more than $5 million whose owners live elsewhere. It would affect about 13,000 homes and raise an estimated $500 million a year.
Mamdani responded that he is “deeply supportive of taxing the rich.”
Update: In August, Staten Island Supreme Court Justice Wayne Ozzi temporarily halted the tax’s rollout, and Mamdani appealed. Trump then said he was looking into whether the federal government could act to stop the tax.
Sources: CBS New York, NBC New York, The Hill
Editor’s note: This article was updated on October 17, 2026 to correct factual errors, including officials’ titles and event details, and to add source links.
