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Gale Brewer

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NYC luxury pied-à-terre tax and housing reforms

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Latest: New York City implements housing reforms and pied-à-terre tax

New York City has continued the rollout of its pied-à-terre tax, a signature initiative of Mayor Zohran Mamdani targeting luxury second homes. The policy imposes a recurring annual surcharge on condos, co-ops, or one- to

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