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.

  General   Apr 15, 2026   0   3  Add to Reading List
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.
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