For all the hand-wringing about a sluggish American housing market, the luxury sector seems to be doing just fine, especially ...
New York state lawmakers are expected to place a new tax on luxury second homes in New York City, appeasing Mayor Zohran ...
New York legislators are weighing a new tax on all-cash home purchases over $1 million. Under the proposal, buyers would be on the hook to pay 1 percent of the purchase price to cover the levy, ...
An Albany-area lawmaker wants to expand the proposed pied-à-terre tax for New York City second homes to upstate.
Gov. Hochul estimates 10,000 second homes in New York City will be subjected to the tax, which is 3,000 fewer than her ...
The new tax surcharge will be phased in as the city and state work out which properties it will affect, according to Gov.
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