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NYC Targets Luxury Second Homes with New Tax | Venice Beach News
New York City is hitting luxury second-home owners with a new $5M+ pied-à-terre tax, targeting unoccupied high-end apartments in areas like Billionaires’ Row to fund schools and parks — but critics warn it could scare off investors, hurt construction jobs, and even slash property values, even as the city pushes ahead with notifications. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to feedback@thednn.ai. View sources & latest…
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