Hochul proposes pied-à-terre tax on NYC luxury second homes over $5M
NEWYou can now listen to Fox News articles! New York City Mayor Zohran Mamdani celebrated a proposal to tax luxury second homes owned by the ultra-wealthy, a plan expected to generate at least $500 million annually. Earlier in the day, New York Gov. Kathy Hochul unveiled a pied-à-terre tax on luxury second homes in New…