Hoylman-Sigal says luxury second-home owners should contribute
Brad Hoylman-SigalManhattan borough president
Hoylman-Sigal supports the surcharge because wealthy second-home owners benefit from public services that protect their investments.
“This is about fairness”
Official statement
Where this statement fits
Should New York impose its pied-a-terre tax on New York City second homes?
Wilbur Ross, Hilary Geary Ross and Steve Wynn sued New York State on September 28, 2026, arguing that the new pied-a-terre surcharge unconstitutionally burdens nonresidents who already pay property taxes. Mayor Zohran Mamdani and Governor Kathy Hochul defend additional contributions from wealthy second-home owners to fund city services. The disagreement concerns both the fairness of the surcharge and the constitutional limits on imposing it.
Source and context
Official statement
About this source
April proposal and attributed endorsements. Its proposed $5 million threshold should not be substituted for the enacted phase-one thresholds.
Archived copy (opens in a new tab)Before the quotation
His statement appears in the governor's proposal announcement.
After the quotation
He cites subways, schools and other services as benefits owners should help fund.
How this statement is classified
The label describes this statement's response within the context above.
Why this label?
He endorses the tax and supplies a fairness argument for imposing it.
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More from this case
Read the full caseHochul says Ross and Wynn strengthen the case for the tax
“they make the case for the pied-à-terre tax better than we ever could.”Read statement
Hilary Geary Ross joins the challenge to the second-home tax
“These nonresidents, including Plaintiffs herein, already pay significant sums to the City in property taxes, the same taxes at the same rates paid by New York City residents occupying similarly assessed residential properties.”Read statement
Wynn seeks to invalidate the surcharge
“Article 30-C is therefore unconstitutional to the extent it purports to exclude PAT Tax revenues from the amount raised by tax on real estate for purposes of Article VIII, § 10(e).”Read statement
Cite this record
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- The Dispute Index
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- Hoylman-Sigal says luxury second-home owners should contribute
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- https://disputeindex.com/events/4911-hoylman-sigal-supports-the-surcharge-because-wealthy-second
Last updated marks the most recent saved version of this published statement.
The Dispute Index. "Hoylman-Sigal says luxury second-home owners should contribute". First published: 2026-10-06. Last updated: 2026-10-06. https://disputeindex.com/events/4911-hoylman-sigal-supports-the-surcharge-because-wealthy-second