New York City Mayor Zohran Mamdani defended his luxury property tax plan Friday after President Donald Trump criticized him for “destroying New York” with policies he called “no good,” escalating tensions between the mayor and the former president over taxation of wealthy non-residents.
Trump’s Public Criticism
During a Las Vegas roundtable Thursday, Trump described Mamdani as “a nice guy” who “calls me all the time, says hi, but his policies are no good.” Earlier that day, Trump posted on social media claiming Mayor Mamdani was “destroying New York.” The criticism came after Mamdani and Governor Kathy Hochul announced a new tax Wednesday targeting luxury secondary homes owned by non-city residents.
Mayor Defends Luxury Tax
Mamdani responded Friday by citing overwhelming public support, stating 93 percent of New Yorkers back the luxury apartment tax on non-city residents who purchase high-end properties. The mayor said the tax on secondary homes worth more than five million dollars will generate “half a billion dollars every year” to fund essential city services including free child care, cleaner streets, and safer neighborhoods.
“The president and I both want this city to succeed. This is how you do it,” Mamdani said. He emphasized his commitment to “taxing the rich,” describing the luxury apartment tax as falling squarely within that agenda. The mayor made clear he has communicated this position directly to Trump and the public.
What This Tax Targets
The announced tax specifically targets wealthy individuals who own secondary residences in New York City valued above five million dollars but do not live in the city as primary residents. Supporters argue these luxury apartments often sit empty while housing costs crush working families. Critics worry the tax could drive wealthy buyers to other cities, reducing investment and tax revenue.
Political Implications
The public clash highlights growing friction between Trump and progressive urban leaders over taxation philosophy. Trump has consistently opposed higher taxes on wealthy Americans, while Mamdani represents a growing movement of Democratic mayors pushing aggressive taxation of the rich to fund expanded social services. With Trump potentially eyeing another presidential run, conflicts with high-profile Democratic mayors could become campaign flashpoints as both sides stake positions on economic policy and wealth redistribution.
Sources
Abc7ny: Zohran Mamdani responds after President Trump rips NYC mayor over tax the rich announcement

