10/06/2026
New York Cityโs pied-ร -terre tax remains law following a State Supreme Court ruling that found flaws in how the city identified and notified potentially affected property owners.
The September 29 decision ordered the city to revise that process; it did not strike down the tax. The city appealed, and implementation continues while the order is stayed pending appeal.
As of October 6, the Department of Finance still lists October 6, 2026, as the deadline for notified owners to submit exemption applications. Receiving a notice does not necessarily mean a property owes the surcharge.
The annual surcharge applies to certain high-value, non-primary residences. Separate lawsuits challenging the law itself remain pending.
___
Sources: NYC Department of Finance; Reuters; Holland & Knight
Update: October 6, 2026
__