Court rules against NYC's pied-à-terre tax rollout this year?
As of Wed, 30 Sep 2026 16:54:41 UTC, Kalshi traders price Yes (98.0%). The market has $4K in volume and closes on Fri, 30 Oct 2026.
Updated:
Current odds
| Outcome | Chance | Yes price | No price |
|---|---|---|---|
| Yes | 98.0% | 98.0¢ | 2.0¢ |
Market details
- Venue: Kalshi
- Volume: $4K
- Liquidity: $4K
- Closes:
Resolution rules
If a New York State court grants the petitioners preliminary or permanent injunctive or annulment relief (other than a temporary restraining order) against the City's supplemental tax roll, its surcharge notices, or its imposition or collection of the pied-à-terre surcharge in O'Brien v. City of New York, or any appeal thereof before Jan 1, 2027, then the market resolves to Yes. This market resolves on a written court ruling in O'Brien v. City of New York, the Article 78 proceeding brought in the Supreme Court of the State of New York, Richmond County by Rachel O'Brien, Carmine Morano and Simon Hedley against Mayor Zohran Mamdani and Finance Commissioner Richard Lee over the rollout of the non-primary residence (pied-à-terre) surcharge. Rulings in any appeal of that proceeding also count. The ruling must: Be issued by a New York State court in O'Brien v. City of New York, or any appeal thereof Address the specific matter described in the judgment Be issued through a written order, opinion, judgment, or decision Relief on any one of the three heads is enough, and partial relief counts. An order that annuls or enjoins the supplemental tax roll, the surcharge notices, or the imposition or collection of the surcharge resolves this market to YES. The following do NOT satisfy the Payout Criterion: Oral rulings from the bench unless reduced to a written order Tentative rulings that are not made final Draft opinions that leak but are not officially issued Settlements or volunt…
Sources
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