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Hochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Million

Gov. Kathy Hochul, who has opposed raising some taxes, favored a “pied-à-terre” luxury tax because it largely targets the ultrawealthy who primarily live outside New York City. [Source]

Publication Date:

Origin: nytimes.com

Category: Hochul, Kathleen C

Topics: Hochul, outside, primarily, ultrawealthy, targets, largely, because, luxury, “pied-à-terre”, favored, taxes, raising, opposed, Kathy, Million, Worth, Homes, Second, Proposes

Source: https://www.nytimes.com/2026/04/14/nyregion/hochul-pied-terre-tax.html