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Find New York news and weather on NBC 4. NBC New York brings you breaking news alerts, local news and weather forecasts for NY and New Jersey.

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NBC New York
nbcnewyork.com > new-york > hochul-wealth-tax-proposal-new-york > 6490263

What is the pied-à-terre tax? Hochul backs tax on wealthy New Yorkers

4+ mon, 3+ week ago   (665+ words) Gov. Kathy Hochul is proposing a new tax on high-end residences. It’s a surcharge on townhouses, co-ops and condos used by out-of-towners as pied-a-terres. NBC New York’s Melissa Russo reports. New York wants to tax the rich. In a surprising…...