Zohran Mamdani: “We introduced and I'm now passing a pied a terre tax.”

“We're very lucky that under this Governor Kathy Hochul, we've developed a partnership where we actually have a lot more fairness in that relationship. And now on the taxation side, another thing that we did is with the governor's leadership, We introduced and I'm now passing a pied a terre tax. Pied a terre, you gotta say that three times fast. Pied a terre. Pied a terre, which is a reference to non resident New Yorkers who have a secondary property in New York City that is worth more than $5 million.” (13:29–13:33)

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