Our members at Herrick, Feinstein LLP have shared an important update regarding New York City's newly implemented "pied-à-terre" property tax surcharge, which impacts non-resident owners of co-ops, condos, and 1-3 family houses valued over $5 million.
Find out more here: https://www.herrick.com/publications/the-broad-impact-of-nycs-new-pied-a-terre-tax/
