Playing the cover band circuit is working out just fine for the Gab Cinque Band when it comes to getting their original music out there. The Gab Cinque Band headlines the Wonder Bar in Asbury Park on ...

Pied-à-terre, French for "foot on the ground," means a secondary home or residence. The new tax "will levy an annual surcharge on one to three family homes, condominiums and co-ops valued above $5 ...

New York City Mayor Zohran Mamdani's "tax the rich" campaign promise is taking shape, seizing the national spotlight with a proposal to impose a new pied-à-terre tax, a rarity in the United States.

New York City Mayor Zohran Mamdani touted Gov. Kathy Hochul’s proposal on April 15 to tax expensive second homes as a sign of a progressive tide to tax the rich, but it will only apply to absentee ...

This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Landlords view housing violations as part of a weaponized system that punishes ...

Amid calls from the left to tax the rich, a tax proposal on multimillion-dollar second homes in New York City, backed by Gov. Kathy Hochul, seems to have better odds of passing than in years past. By ...

As state leaders determine how much owners of high-priced second homes in New York City may have to pay, they are also wrestling with opaque L.L.C.-ownership issues. By Benjamin Oreskes Mihir Zaveri ...

Gov. Hochul’s pied-à-terre tax on expensive secondary residences in the city will bring in at least $500 million a year to city coffers amid Mayor Mamdani’s full-court press for higher taxes on New ...

New York Gov. Kathy Hochul and New York City Mayor Zohran Mamdani are proposing a tax on second homes of the ultrawealthy who own posh property in New York City but are not residents. The surcharge ...

New York Gov. Kathy Hochul (D) and New York City Mayor Zohran Mamdani (D) have proposed a new tax on property owners who have second homes in New York City worth more than $5 million, in an effort to ...

Twelve years ago, then-state Sen. Brad Hoylman-Sigal introduced a bill to impose a hefty tax on the opulent — but empty — condominiums cropping up in glimmering new high rises across New York City.

A New York City pied-à-terre may not be as practical as it used to be after Gov. Kathy Hochul and Mayor Zohran Mamdani announced Tuesday evening an effort to impose a tax on non-primary residences.