Categories
NYC’s Proposed Pied-à-Terre Tax Is Back. Here’s What It Could Mean
Governor Kathy Hochul has introduced a plan to tax second homes valued at $5M and above—targeting properties that are not used as primary residences. Often referred to as a “pied-à-terre tax,” the measure is aimed at part-time residents, international buyers, and investors.
Co-op Comeback & Affordability Concern
In a city where real estate trends shift as quickly as subway schedules, co-ops are staging a quiet but powerful comeback in 2025. With sky-high mortgage rates and rising living expenses, affordability has become the number one concern for many would-be homeowners—and co-ops are stepping up to meet the moment.
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