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Bill Ackman Warns That Mamdani's Proposed $500 Million Tax Could Decrease High-End Property Values in NYC by as Much as 18%
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FOMOGRAM Editorial Desk
Aug 4, 2026
EXECUTIVE SUMMARY
Bill Ackman has analyzed New York City's new pied-à-terre tax and calculated a figure that should be of greater concern to Mayor Mamdani than any tweet from a hedge fund.
Bill Ackman has analyzed New York City's new pied-à-terre tax and calculated a figure that should be of greater concern to Mayor Mamdani than any tweet from a hedge fund.
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