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New York to tax luxury second homes in NYC but stops short of hiking income taxes on the wealthy

NEW YORK (AP) β€” People who buy luxurious second homes in New York City, but live most of the year elsewhere, would have to pay a new tax on the properties under a tentative agreement β€” an initiative to appease Mayor Zohran Mamdani and liberal voters who launched him into office with chants of β€œta…