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The Nexus
POLITICSJun 30 · 00:08 UTCNY POSTCarl Campanile

NYC sending out first pied-à-terre tax notices to owners of luxury second homes

The Mamdani administration in NYC has announced the pied-à-terre tax on luxury second homes, with the first notices scheduled for August 30. The tax targets thousands of unoccupied properties.

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