New York City’s efforts to implement a new tax on luxury second homes, known as pied-à-terres, have faced significant legal challenges and administrative complications despite being intended to generate $500 million annually for the mayor’s agenda.
New York City’s efforts to implement a new tax on luxury second homes, known as pied-à-terres, have faced significant legal challenges and administrative complications despite being intended to generate $500 million annually for the mayor’s agenda.
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