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New York's tax on wealthy second-home owners is going into effect. Here's how the pied-à-terre tax will work.

New York
Business Insider Fews App News Provider
Fews App Post Time há 23h

New York Governor Kathy Hochul and Mayor Zohran Mamdani joined forces to tax multimillion-dollar second homes. Michael M. Santiago/Getty ImagesA plan to tax multimillion-dollar second homes in New York City has officially passed.

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