Dossier
luxury second homes
Coverage of luxury second homes in the Nexus archive.
- Hochul claims she’s against tax hikes for wealthy, businesses after pushing through new NYC fee for luxury 2nd homes
Gov. Kathy Hochul asserted her opposition to tax hikes for the wealthy and businesses while supporting a new fee on luxury second homes in New York City. She criticized Mayor Zohran Mamdani and his socialist allies for promoting the 'tax the rich' movement.
- NYC sending out first pied-à-terre tax notices to owners of luxury second homes
The Mamdani administration in NYC has announced the pied-à-terre tax on luxury second homes, with the first notices scheduled for August 30. The tax targets thousands of unoccupied properties.