Hochul’s budget to bludgeon even more New Yorkers after details of controversial NYC second-home tax revealed
Thursday, May 14th 2026, 8:43:39 pm
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A controversial new tax on second homes in New York City was quietly lowered from $5 million to a “market value” of $1 million — increasing the number of homeowners who will get squeezed as part of Gov. Kathy Hochul’s never-ending budget negotiations.
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