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NYC’s Pied-à-Terre Tax Mess | New York City News
New York City’s new pied-à-terre tax is sparking chaos — 17,000 residents got surprise notices thinking they were full-time homeowners, not second-home owners. The city’s extended the exemption deadline to September 18th and is scrambling to clarify: the tax hits luxury properties over $5M (or co-ops/condos over $1M), with exemptions for households where someone lives there full-time. Mayor Mamdani admits confusion stemmed from mixing public records with targeted notices — but insists the data was already public. Bills arrive in November, payments due January; late applicants can still appeal…
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