Skip to content
BetaVoices
BetaVoices

City Budget news

Read verified news on BetaVoices covering City Budget, with reporting, context, and related developments.

#City Budget Clear filters
New York passes pied-a-terre tax on $1 million second homes

New York property taxes

New York passes pied-a-terre tax on $1 million second homes

The new levy on nonprimary residences in New York City is expected to raise $500 million and will be phased in as the city updates how it values luxury properties

May 28, 2026