Taxes October 8, 2026
Almost two-thirds of New York voters support eliminating the state income tax, while 67% say they are not getting good value for the taxes they pay, according to a poll commissioned by the Empire Center for Public Policy.
Taxes August 10, 2026
New York Gov. Kathy Hochul pushed back on suggestions that state-approval of the pied-à-terre tax represents a concession to progressive Democrats in New York City.
Taxes July 31, 2026
Gov. Kathy Hochul's team used a post on X to label the athlete “LePied-a-Terre” in response to a report from ESPN that he would commute via helicopter from Manhattan to play for the Philadelphia 76ers.
Taxes May 15, 2026
The new tax, which would assess a surcharge of 1% of the sale price for city homes purchased in cash for at least $1 million, is expected to generate $160 million annually.
Taxes May 12, 2026
New York Gov. Kathy Hochul, a Democrat, on Monday defended herself against criticism from labor allies and members of her own party over her intent to opt into the GOP’s federal tax-credit scholarship program.
Taxes May 11, 2026
Gov. Kathy Hochul announced a handshake deal Thursday on a $268 billion state budget that includes a controversial pied-à-terre tax on second homes in New York City aimed at bringing more money to city coffers.
Taxes April 30, 2026
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.
Taxes April 13, 2026
A bevy of New York City nonprofit groups are urging state lawmakers to keep pushing Gov. Kathy Hochul to grant Mayor Zohran Mamdani's asks for tax hikes on the city's wealthiest residents and most profitable corporations.