Second Home, New Tax: Navigating NYC's Pied-à-Terre Surcharge

New York City's new pied-à-terre surcharge is creating significant tax implications for owners of high-value second homes. In a recent Noonan's Notes column for Tax Notes, Hodgson Russ attorneys Tim Noonan, Noah Chase, and Lauren Austin examine the new tax, including who it applies to, how properties are valued, the primary residence exemption, and key compliance and planning considerations for affected property owners.

Read the full article, "Second Home, New Tax: Navigating NYC's Pied-à-Terre Surcharge," in Tax Notes.