NYC agrees to $60 million settlement over 64 properties seized for unpaid debts
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
New York City has agreed to pay $60 million to owners of 64 properties seized under its Third Party Transfer program over unpaid taxes and other debts. The settlement follows a class-action lawsuit alleging owners were denied proper compensation. Mayor Zohran Mamdani’s administra...
New York City has agreed to pay $60 million to owners of 64 properties seized under its Third Party Transfer program over unpaid taxes and other debts. The settlement follows a class-action lawsuit alleging owners were denied proper compensation. Mayor Zohran Mamdani’s administration is now considering reviving the controversial program with reforms.
Original Source
https://timesofindia.indiatimes.com/world/us/new-york-city-agrees-to-60-million-settlement-with-owners-of-64-properties-seized-over-unpaid-taxes-and-debts-mayor-zohran-mamdani-plans-to-revive-controversial-tpt-program/articleshow/134275391.cms
