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 lawmakers are finalizing the state’s budget, which is set to include a pied-à-terre tax that aims to impose levies against secondary single family homes in New York worth $5 million or more, ...

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.

Pied-à-terre is the term used to describe an apartment that isn’t an owner’s primary residence. If the name sounds fancy, it is because it comes from the French phrase meaning “foot to the ground.” ...

New York City Mayor Zohran Kwame Mamdani on Wednesday, 15 April, released a video confirming that his government will be introducing pied-a-terre tax. NYC's proposed tax plan aims to target the ...