How New York’s Second-Home Tax Turned Into a Headache for Mamdani
Gov. Kathy Hochul had resisted pressure from the left to raise taxes as she ran for re-election this…
Many Questions, but Few Answers, at Hearing About N.Y.C. Second-Home Tax
City Council members had hoped to use a public hearing on Tuesday to grill Mayor Zohran Mamdani’s administration…
Rollout of New York City’s Second-Home Tax Is Confusing Some Residents
The rollout of New York City’s contentious new pied-à-terre tax started with a notification from Mayor Zohran Mamdani…
Opinion | The Second Home Tax Is a Win for New York
The tax, imposed only on expensive second homes, is not a new idea. In New York, its advocates…
N.Y.C. Second-Home Tax May Affect Homes With $1 Million ‘Market Value’
A new tax surcharge on the second homes of wealthy part-time residents of New York City would initially…
New York’s Budget Deal Is Still Hazy. Here Are 5 Key Questions.
It has become an article of faith in the New York State Capitol that when Gov. Kathy Hochul…
A State Budget That Speaks to a New Political Reality
Good morning. It’s Friday. We’ll take a closer look at the state budget that Gov. Kathy Hochul and…
New York’s $268 Billion Budget Deal Includes New Second-Home Tax
New York State leaders have agreed to the framework of a $268 billion budget that will include funding…
Can a Second-Home Tax Work in New York? The Numbers Don’t Add Up Yet.
A push to tax multimillion-dollar second homes in New York City has been billed by Gov. Kathy Hochul…
New Taxes Helped Cool London’s Housing Market. Could That Happen in New York?
Gov. Kathy Hochul’s plan for a yearly surcharge on second homes in New York City worth $5 million…
Contours of NYC’s Pied-à-Terre Tax Begin to Take Shape
The framework of a proposal to increase property taxes on high-end second homes in New York City began…
New York’s Anti-Rich Current Reaches Apex With Second-Home Tax Plan
Mayor Zohran Mamdani stood in front of a camera along one of New York City’s most exclusive strips…