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What’s a pied-à-terre tax and why do people care?

Summary by City & State NY
Many homeowners have spent the last couple of days panicking that they’ll end up being subject to the new pied-à-terre tax on high-value second homes in New York City. Confusion has run rampant since the city Department of Finance last week posted a sprawling list of properties across the city, described as something that “includes, but is not limited to those properties that may be subject to the surcharge.” In reality only a small fraction of …
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ussanews.com broke the news on Wednesday, July 29, 2026.
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