{"id":197997,"date":"2026-04-15T13:10:24","date_gmt":"2026-04-15T13:10:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/197997\/"},"modified":"2026-04-15T13:10:24","modified_gmt":"2026-04-15T13:10:24","slug":"hochul-backs-new-tax-on-second-homes-in-new-york-city-worth-at-least-5-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/197997\/","title":{"rendered":"Hochul Backs New Tax on Second Homes in New York City Worth at Least $5 Million"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">New York Governor Kathy Hochul is backing a new tax on second homes in New York City worth at least $5 million as a way to raise cash for the city\u2019s struggling budget.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">\u201cIf you can afford a multi-million dollar second home in New York City, you can afford to join its residents in supporting the greatest city in the world,\u201d Hochul said in a social media post Tuesday that provided few details of how the tax would work. <\/p>\n","protected":false},"excerpt":{"rendered":"New York Governor Kathy Hochul is backing a new tax on second homes in New York City worth&hellip;\n","protected":false},"author":2,"featured_media":197998,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[51300,3339,5869,426,9,24,9958,56,63,65,64,87,4015,2780,7990,19168],"class_list":{"0":"post-197997","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york-city","8":"tag-budget-deficit","9":"tag-cities","10":"tag-citylab","11":"tag-kathy-hochul","12":"tag-new-york","13":"tag-new-york-city","14":"tag-new-york-times-co-a","15":"tag-ny","16":"tag-nyc","17":"tag-nyc-headlines","18":"tag-nyc-news","19":"tag-politics","20":"tag-social-media","21":"tag-taxes","22":"tag-twitter-inc","23":"tag-us-dollar-spot"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/197997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=197997"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/197997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/197998"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=197997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=197997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=197997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}