New York City's elite may soon be facing a hefty tax bill on their second homes, as the city's new pied-à-terre tax proposal gains momentum. According to reports, a list of A-list New Yorkers who could be affected by the tax has been compiled, featuring some of the city's most high-profile residents. Realtor.com has obtained the list, which includes names of celebrities, business moguls, and other wealthy individuals who own properties in the city but don't necessarily call it their primary residence. The proposed tax aims to curb the trend of wealthy individuals buying up luxury apartments in Manhattan, with some estimates suggesting it could generate up to $1 billion in annual revenue for the city.
A-List New Yorkers Named on Mamdani’s Potential Pied-à-Terre Tax List Realtor.com
