NY Set To Levy NYC 2nd-Home Tax, Break From Fed. Tax Cuts
Quoted
Law360 Tax Authority
Timothy P. Noonan was featured in Law360 Tax Authority discussing New York’s newly enacted pied-à-terre surcharge on high-value second homes in New York City. Drawing on his ongoing analysis in Noonan’s Notes, Tim highlighted how the law’s two-phase structure may create an unexpected valuation gap for condo and co-op owners as the rules take effect.