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Gov. Hochul proposes taxes on NYC homeowners who own second house worth more than $5M

Hochul
New York Post Fews App News Provider
Fews App Post Time Hace 4h

Gov. Kathy Hochul has proposed adding an extra levy on people who own second pricey homes in the Big Apple — as its young socialist mayor calls for more taxes on New York’s highest earners. The gov has floated imposing a yearly surcharge on second homes in New York City that are worth $5 million and more, dubbed a pied-à-terre tax, aimed at the ultra-wealthy.

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