This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. New York Governor Kathy Hochul, alongside Mayor Zohran Mamdani, proposes a new pied-à-terre tax on luxury second homes in NYC valued at $5 million or more. Former Miami mayor Francis Suarez criticizes the plan, arguing it's 'absolutely backwards' and will lead to capital flight and budget holes, ultimately harming everyday New Yorkers. East Village residents who voted for New York Mayor Zohran Mamdani by a 40-point margin are now suing to stop a building in their neighborhood from becoming a temporary homeless shelter. The lawsuit, filed with the New York City Supreme Court on Monday, shows hesitation even among Mamdani supporters about the cost of implementing some of his plans. News of the lawsuit has prompted conservative mockery online, with figures like Sen. Ted Cruz, R-Texas, noting the irony of Mamdani’s supporters turning on the fruits of his
Apr 24, 2026 → Apr 24, 2026
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