NYC's Pied-à-Terre Tax Won't Fix the Housing Crisis
Governor Hochul's proposed pied-à-terre tax on luxury non-resident homeowners won't raise $500M as promised and could hurt NYC's finances.
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Tax Policy
1 article tagged with "Tax Policy"
Wed, Apr 22•12:14 PM ET•42°F · Partly Cloudy•Best Things to Do in NYC This Weekend April 17-19•MoMA PS1's 50th Anniversary Block Party Draws 8,000•NYC Pied-à-Terre Tax May Miss Ultra-Luxury Condos•NYC's Pied-à-Terre Tax Won't Fix the Housing Crisis•Roosevelt Island Residents Fight Steam Plant Demolition•Pacha New York Faces Skepticism Over Brooklyn Mirage Revival•NY Lawmakers Vote on Pension Reforms They'll Personally Benefit From•Brooklyn's Linden Boulevard Gets Safety Upgrades and Bus Lanes•New York's Climate Law Failure and Fossil Fuel Dependence•Mamdani at 100 Days: NYC Faces $5.9B Budget Gap•Wed, Apr 22•42°F•McGuinness Boulevard Redesign Boosts Cyclists, Cuts Cars•NYC Doorman Strike Averted as Union Reaches Deal•Nassau County Police Collude With ICE Beyond NYC Sanctuary•NYC Council Bills Would Limit Kids' Social Media to 1 Hour•NYC Council Visits Rikers Island Over Treatment of Pregnant Women•NYC 2026-27 School Year: Late Start and Calendar Quirks•NYC Public Urination Complaints 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Partly Cloudy•Best Things to Do in NYC This Weekend April 17-19•MoMA PS1's 50th Anniversary Block Party Draws 8,000•NYC Pied-à-Terre Tax May Miss Ultra-Luxury Condos•NYC's Pied-à-Terre Tax Won't Fix the Housing Crisis•Roosevelt Island Residents Fight Steam Plant Demolition•Pacha New York Faces Skepticism Over Brooklyn Mirage Revival•NY Lawmakers Vote on Pension Reforms They'll Personally Benefit From•Brooklyn's Linden Boulevard Gets Safety Upgrades and Bus Lanes•New York's Climate Law Failure and Fossil Fuel Dependence•Mamdani at 100 Days: NYC Faces $5.9B Budget Gap•Wed, Apr 22•42°F•McGuinness Boulevard Redesign Boosts Cyclists, Cuts Cars•NYC Doorman Strike Averted as Union Reaches Deal•Nassau County Police Collude With ICE Beyond NYC Sanctuary•NYC Council Bills Would Limit Kids' Social Media to 1 Hour•NYC Council Visits Rikers Island Over Treatment of Pregnant Women•NYC 2026-27 School Year: Late Start and Calendar Quirks•NYC Public Urination Complaints Soar 48% in 2026•UNITE HERE Local 100 Endorses Blake Over Torres in NY-15•Man Fatally Struck by Queens 7 Train at Junction Blvd•Greenwich Village Fights 31-Story Affordable Housing Tower•Wed, Apr 22•42°F•Velázquez Endorses Carl Wilson in Manhattan District 3 Race•NYC's 14,000 Job Vacancies: An $800M Budget Crisis Move•36 Brooklyn Gang Members Indicted in Operation Crossfire•Green-Wood Cemetery Opens $43M Visitor Center in Brooklyn•Brooklyn Pride Turns 30: A Fifth Avenue March Tradition•Mamdani Defends Luxury Second Home Tax, Shrugs Off Trump•LGBTQ Representation at Stake in NYC District 3 Special Election•Poll Shows Espaillat at 42% in NY-13 Democratic Primary•NYC's Hidden Crisis: Residents and Income Fleeing the City•NYC Council Speaker Julie Menin's 2026 Agenda: Housing & Childcare•Wed, Apr 22•42°F•Home Care Workers Hunger Strike to End 24-Hour Workday•NYC Building Workers Vote to Strike Over Wages and Healthcare•Hochul Pushes 25-Foot Worship Buffer With Hate-Crime Funding•Mamdani Allies Push Veto of Protest Buffer Zone Bill•NYC Launches Insurance Plan for Rent-Stabilized Housing•Home Care Workers Launch Hunger Strike Over 24-Hour Shifts•Mamdani Endorses Boylan in NYC District 3 Council Race•Public-Private Partnerships Fast-Track NYC Subway Access•Affordable Senior Housing Lottery Opens in Brownsville, NYC•Goop Kitchen Opens First NYC Location in Midtown West•Wed, Apr 22•42°F•20 Ways to Spend 4/20 Weekend in New York City•Brooklyn Borough President Reynoso State of the Borough 2026•Judge Slams NYC in Gay Couple IVF Discrimination Lawsuit•Trump Admin Releases Frozen Second Avenue Subway Funds•Bjarke Ingels 27-Story Gowanus Tower Moves to Construction•Mamdani Proposes City-Backed Insurance for Rent-Stabilized Buildings•Hochul Proposes Luxury Second Home Tax Surcharge in NYC•Michelin Guide Adds Nine New NYC Restaurants in 2026•How the New York State Budget Works in 2026•Menin Backs Mamdani's DOI Pick Nadia Shihata•Wed, Apr 22•42°F•
