Fordham Political Review Posts Commentary: Taxing New York's Idle Rich - The First Pied-a-Terre Tax
May 06, 2026
May 06, 2026
BRONX, New York, May 6 -- The Fordham Political Review posted the following commentary on May 4, 2026, by Andrea Lizeth Dominguez:
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Taxing New York's Idle Rich: The First Pied-a-Terre Tax
On April 15, 2026, New York City Mayor Zohran Mamdani and Governor Kathy Hochul unveiled a historic proposal: a pied-a-terre tax on ultra-luxury second homes, the first in the city's history. Under the plan, any single-family home, condo, or co-op in NYC wor . . .
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Taxing New York's Idle Rich: The First Pied-a-Terre Tax
On April 15, 2026, New York City Mayor Zohran Mamdani and Governor Kathy Hochul unveiled a historic proposal: a pied-a-terre tax on ultra-luxury second homes, the first in the city's history. Under the plan, any single-family home, condo, or co-op in NYC wor . . .