Trump attacks NYC luxury home tax, calls it amateur experiment

Donald Trump posted a forceful statement on Truth Social, asserting that the federal government must intervene to stop a newly enacted tax on luxury second residences in New York City. He described the surcharge, approved by Governor Kathy Hochul and state lawmakers, as an amateur political trial that threatens to turn the city into a “filthy, crime-ridden” place. The tax targets owners of secondary homes valued at $5 million or more, or $1 million for co-ops and condos.

A Staten Island judge recently issued a temporary restraining order against Mayor Zohran Mamdani’s rollout after a lawsuit claimed the city mishandled the policy and unfairly burdened homeowners. Mamdani’s administration has filed an appeal, leaving the tax in effect while a higher court reviews the case. Trump’s remarks frame the issue as a looming disaster for the city he once praised.