The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate
Miller Samuel
MARCH 19, 2019
Much of this speculation is being driven by two factors: sparse supply, due to the absorption of the inventory left over from the last boom, and fast-rising prices. And it is a marginal rate tax - only the amount above each threshold is taxed. As an annual property tax, the dollar thresholds will be more firm.
370 
Let's personalize your content