Published Apr 30, 2026, 2:50 PM ET · Updated 6 months ago · 1 source
NY Pied-à-Terre Tax Needs Significant Rates to Earn $500 Million
bloomberg
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Original Report
INFERY
Luxury second homes in New York will have to be taxed at a “significant” amount to generate the $500 million of revenue the city is counting on to help close a gaping budget hole, according to a new study from New York City Comptroller Mark Levine’s office.