N.Y.C. Second-Home Tax May Affect Homes With $1 Million ‘Market Value’
The so-called market value is a government metric that often underestimates a home’s actual worth. The new tax will be phased in as the city and state work out which properties it will affect. [Source]
Publication Date:Origin: nytimes.com
Category: Taxation
Topics: affect, properties, which, state, phased, worth, actual, home’s, underestimates, often, metric, government, value, market, so-called, Value’, ‘Market, Million, Homes, Affect, Second-Home
Source: https://www.nytimes.com/2026/05/14/nyregion/nyc-second-home-tax-rates.html