Taxes April 30, 2026
NYC Comptroller: Pied-à-Terre Tax Could Fall Far Short of $500 Million Goal
Comptroller Mark Levine says the tax, which would place a surcharge on second homes valued at $5 million or more, could yield between $340 million and $380 million, much lower than the $500 million goal set by New York Gov. Kathy Hochul.