Overview
- The Department of Finance published a supplemental property roll with more than 900,000 entries and mailed roughly 17,000 preliminary notices in late July, producing confusion and privacy complaints from homeowners.
- A group of homeowners sued over mistaken notices and the roll, and a Staten Island judge briefly blocked the rollout before an appellate panel allowed notices and processing to continue pending an August 31 hearing.
- City Hall extended the exemption and appeal deadline to Sept. 18 and hired temporary staff to process claims, and thousands of property owners have started exemption applications.
- Mayor Zohran Mamdani’s office said it will submit written testimony rather than appear in person at the City Council oversight hearing on Tuesday, a move Council leaders called a dodge of transparency while public testimony and rival rallies proceeded outside City Hall.
- The surcharge targets non‑primary luxury homes and condos and is projected by the city to raise about $500 million a year, but collections are uncertain because appeals, verification errors, exemptions and ongoing litigation could sharply reduce revenue.