The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate
Miller Samuel INC
MARCH 19, 2019
An earlier version of this post appeared in my weekly Housing Notes, March 15, 2019 edition. I've since added more information and insights as the situation unfolds. This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. I'm sorry about the length of this piece but please read on.
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