Home / General / New York State Budget Includes New York City Tax on High-End Second Homes

New York State Budget Includes New York City Tax on High-End Second Homes

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

By Maria Tsvetkova
NEW YORK, May 28 (Reuters) – New York ⁠State ⁠Governor Kathy Hochul on Thursday signed ⁠a state budget that includes a progressive surcharge on luxury second ​homes in New York City, a move backed by Mayor Zohran Mamdani and expect… [2174 chars]

Source: U.S. News & World Report | Published: 2026-05-28T20:10:00Z

Credit: U.S. News & World Report

Tagged: