In a scathing rebuke, Long Island County Executive Bruce Blakeman has come out strongly against a proposed pied-à-terre tax on luxury homes in New York City, which has been put forth by Governor Kathy Hochul and Mayor Eric Adams. The tax, which aims to target wealthy second-homeowners, has sparked intense debate among lawmakers and real estate experts. Critics argue that the measure could have unintended consequences on the city's luxury market, while supporters claim it would help alleviate the affordable housing crisis. As the proposal makes its way through the legislative process, Blakeman's vocal opposition is likely to add fuel to the fire of an already contentious issue.
Exclusive | Bruce Blakeman blasts Hochul, Mamdani pied-à-terre tax proposal New York Post
