Event Brief
NY luxury second-home tax needs significant rates
Filed: Apr 30, 2026 at 3:04 PM ET
Summary: A study from NYC Comptroller Mark Levine’s office says luxury second homes need significant tax rates to raise $500 million.
WHO: New York City Comptroller Mark Levine’s office
WHAT: Study calls for significant luxury second-home tax rates to generate $500 million revenue
WHEN: Apr 30, 2026 at 2:50 PM ET
WHERE: New York City
WHY: To help close a budget hole by generating $500 million in revenue.
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