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pied a terre tax

Latest Articles Tagged "pied a terre tax"

What was being billed as a victory for the city's real estate industry now seems like (another) win for the .01 percent.


New York legislators pulled the plug on the pied-à-terre tax and instead agreed on two one-time taxes that some experts fear could subject the city's transit funding to a more unreliable revenue source.


A plan to pass the pied-à-terre tax is closer to becoming a reality after Governor Andrew Cuomo expressed his support for the measure as a way to fund much-needed subway improvements.


Interest in the tax, which has been floated by City Council members over the years, surged almost immediately following a hedge fund tycoon's record-breaking purchase at the exclusive luxury building at 220 Central Park South.