Browsing: Notifies

Mayor Mamdani Notifies Property Owners of New Pied-à-Terre Tax 

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NEW YORK –Today, Mayor Zohran Kwame Mamdani and Department of Finance (DOF) Commissioner Richard Lee began notifying property owners that they may be subject to the new “pied-à-terre” taxoposed in partnership with Governor Kathy Hochul and the State of New York – which applies to one- to three-family homes, condominiums, and co-ops when owners have a…