"Taxing the Second Homes of the Rich: Albany Lawmaker Proposes Upstate Expansion of Pied-à-Terre Tax. A New York State lawmaker is pushing to extend the proposed pied-à-terre tax, which targets wealthy New Yorkers who own second homes in the city, to upstate areas. The tax aims to combat the trend of affluent individuals buying up expensive properties in the state's most desirable regions, often leaving long-time residents priced out. The proposal could have significant implications for upstate communities, where the influx of high-end second homes has been a contentious issue in recent years."
An Albany-area lawmaker wants to expand the proposed pied-à-terre tax for New York City second homes to upstate.
