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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The Fiscal Policy Institute proposed the tax in 2014 , and it has been floating around Albany ever since. At the opposite end of the spectrum, the fiscally conservative Citizens Budget Commission described the tax as appealing but problematic : Gov. That article came out in 2014 right as the housing market was peaking.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Whether it was cutting red tape and construction costs or ensuring our cities allow more affordable options near transit and jobs, these bills, working together, mean more homes, at more affordable prices, in communities all across our state.” Property taxes are steep at $60K a year. BY THE NUMBERS >> More than 2.3M