Brief
Hochul Pitches Lawmakers a Pied-à-Terre Tax on Homes Valued at $1M and Up
Gov. Kathy Hochul has submitted a proposal to Albany lawmakers to approve a structure for the proposed pied-à-terre tax on non-primary residences in New York City. While Hochul and Mayor Zohran Mamdan
Gov. Kathy Hochul has submitted a proposal to Albany lawmakers to approve a structure for the proposed pied-à-terre tax on non-primary residences in New York City. While Hochul and Mayor Zohran Mamdani have targeted second homes valued above $5 million, Hochul’s office has started the tax at a 4 percent rate for properties with a […]
Source
- Commercial Observercommercialobserver.com
