Randy Mastro
Coverage of Randy Mastro in the Nexus archive.
- NYC Homeowners Escape ‘Scary’ Pied-à-Terre Tax Threat
Nearly 2,000 homeowners admitted that they were erroneously tagged as possible second homes, following threats of a new pied-à-terre tax from the Mamdani administration. The rollout of this state-passed tax has prompted lawsuits questioning whether the city properly conducted due diligence before mailing warning letters to thousands of property owners. Furthermore, court filings noted the Department of Finance required state income tax documents that may not have been currently accessible.
- Editorial | One costly mistake by Mamdani in pied-a-terre tax plan
Mayor Zohran Mamdani's ultra-wealthy tax scheme was halted by a lawsuit after City Hall published an erroneous public list of potentially eligible taxpayers. Staten Island Supreme Court Judge Wayne Ozzi ruled that the city broke its own law in the notification process and should have provided individual notice instead of a single list. The delay impacts New York City’s ability to collect projected revenue needed for its significant budget shortfall.
- Landlords sue to put Mamdani’s rent freeze on ice
Seven landlords sued to overturn New York City's rent freeze policy, claiming the Rent Guidelines Board was influenced by Mayor Zohran Mamdani's campaign promises. The lawsuit seeks to reinstate previous rent increases and challenges the board's independence, with a court hearing scheduled for Sept. 2.