Gov. Kathy Hochul, who has opposed raising some taxes, favored a “pied-à-terre” luxury tax because it largely targets the ultrawealthy who primarily live outside New York City.
Hochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Million
Gov. Kathy Hochul, who has opposed raising some taxes, favored a “pied-à-terre” luxury tax because it largely targets the ultrawealthy who primarily live outside New York City.
