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New York City Enacts Annual 'Pied-à-Terre Tax' on Second Homes

The New York Pied-à-Terre Tax: What You Should Know

David Pope & Chris Lorimer (DLA Piper): The New York Pied-à-Terre Tax: What You Should Know, 121 Tax Notes State 19 (July 6, 2026) In this article, Pope and Lorimer review the...

New York lawmakers approve second-home tax in state budget

The so-called pied-à-terre tax is expected to take effect July 1 this year and would affect roughly 10,000 single family homes, coops and condominiums citywide.

More on NYC’s Pied-à-Terre Tax

Timothy P. Noonan, Lauren E. Austin & Noah S. Chase (Hodgson Russ LLP), Second Home, New Tax: Navigating NYC’s Pied-à-Terre Surcharge, 121 Tax Notes State 79 (July 13, 2026) It...

NYSBATS Report on NYC’s Pied-à-Terre Tax

The Tax Section of the New York State Bar Association has published a new report, Report No. 1531, which concerns Article 30-C of the New York Tax Law (i.e., the pied-à-terre tax)...

What Taxpayers Need to Know About the Proposed NYC Pied-à-Terre Tax Rules

NY Dirt: Owners have a lot of pied-à-terre questions

Mayor Zohran Mamdani’s pied-à-terre tax already has homeowners, lawyers and realtors pleading for greater clarity and transparency. The Department of Finance held a public comment...

NYC lawyers slam pied-a-terre tax

Frustrated real estate lawyers are pleading with New York City officials for more details on how a new tax on luxury second homes is going to work.

Mamdani's new pied-à-terre tax leaves few loopholes

The super wealthy are accustomed to finding ways to shrink their tax bills. But with New York City's new levy, many are learning they might just have to pony up.

“Shock to the luxury real estate market”: Pied-à-terre tax rollout poses challenges

Mayor Zohran Mamdani’s pied-à-terre tax — his early effort to deliver a core campaign promise — is poised to take effect next month. But the devil is in the details. Implementing t...

PolicyPro: City quietly drops pied-à-terre tax rules, comptroller bullish on revenue

This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Hey there, let’s get into today’s news at the intersection...

NYC pied-à-terre tax nudges second-property owners toward the market

Manhattan prices rose 6% in Q2 even as sales fell nearly 30%. A Coldwell Banker Warburg exec says geopolitical uncertainty was as big a factor as rates

[Press Release] Tokyo Has No Second-Home Surcharge as New York’s Pied-à-terre Tax Begins, Says Housing Japan

As New York taxes qualifying second homes, Housing Japan notes Tokyo has no pied-à-terre, vacancy, or non-resident tax: a factor for US investors. Tokyo, July 9th, 2026New York Cit...

NYC's new pied-à-terre tax won't rattle the luxury market, veteran broker says

Melissa Cohn says the reaction to NYC's new luxury second-home surcharge sounds familiar, because she's heard it all before

Streamlining and Taxes

New York lawmakers exempt some housing from the state's environmental review law while piling taxes on second homes.

San Diego rejects tax on second homes left vacant much of year

A budget analyst estimated about 5,100 properties would have been eligible for the tax, generating between $9.2 million to $21.4 million in its first year.

Video: Taxes on second luxury homes makes sense.

A tax on luxury second homes raises significantly more money to help communities thrive in the long term.

‘Taylor Swift Tax’ Stirs Bad Blood With Rhode Island Homeowners

Under an annual property tax measure that takes effect Wednesday, the state will collect $5 for every $1,000 that a vacation home’s value is assessed over $1 million.

Early Addition: It's crunch time for finding a pied-Г -terre tax loophole

Because notices are going out at the end of August, here are your early links: NYCHA made a paperwork mistake and sent out hundreds of errant eviction notices, Andrew Cuomo has a n...

Commie Mamdani's Pied-à-Terre Billionaire Tax Attack Began Yesterday

How a tax break program killed 538 affordable apartments in NYC

Developer Clipper Equity plans to construct seven 99-unit buildings on a nearly block-sized lot at the corner of East 125th St. and Park Ave. in East Harlem. A property tax bre...

Renting versus buying in prime London property market

High stamp duty rates of up to 19% for non-UK residents are prompting wealthy buyers to reconsider renting rather than purchasing in London's prime property market. The combination...

First They Came for the Pieds-à-Terre…

"The phrase ‘tax the rich’ can be ‘just as hateful as some disgusting racial slurs,’ according to the New York City billionaire Steve Roth, who said that the top 1 percent should b...

Effort to exempt new apartment buildings in L.A. from 'mansion tax' moves forward

On Wednesday, the Los Angeles City Council directed the City Attorney to draft a ballot measure that would exempt new apartment buildings from the Measure ULA tax that funds afford...