Event Brief
Hochul Supports New Tax on NYC Luxury Homes
Filed: Apr 14, 2026 at 11:03 PM ET
Summary: Governor Kathy Hochul backs a tax on second homes in NYC valued over $5 million to aid the city's budget.
WHO: Kathy Hochul
WHAT: Supports a new tax on luxury second homes
WHEN: Apr 14, 2026 at 10:30 PM ET
WHERE: New York City
WHY: To raise cash for the city’s struggling budget
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