How Nyc's 'Radical' Pied-À-Terre Tax Became A 'Common Sense' Budget Strategy

Twelve years ago, then-state Sen. Brad Hoylman-Sigal introduced a bill to impose a hefty tax on the opulent — but empty — condominiums cropping up in glimmering new high rises across New York City. But year after year, the idea of a “pied-à-terre” ta ...Read more