The Big Apple has agreed to pay $60 million to property owners whose buildings were seized under a controversial city program that Mayor Zohran Mamdani has vowed to revive.
Under the settlement agreement filed in Manhattan federal court Friday, owners of 64 properties seized by the city over unpaid tax debts will receive the payouts, nearly a decade after the class-action lawsuit was filed.
“We’re grateful to be able to finally give some relief to some of these families,” said Sara Kane, one of the attorneys representing the homeowners…