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<title>Hochul&#x26;#x2019;s budget to bludgeon even more New Yorkers after details of controversial NYC second-home tax revealed</title>
<link>https://freerepublic.com/focus/f-news/4379275/posts</link>
<description>A controversial new tax on second homes in New York City was quietly lowered from $5 million to a &#x26;#x201C;market value&#x26;#x201D; of $1 million &#x26;#x2014; increasing the number of homeowners who will get squeezed as part of Gov. Kathy Hochul&#x26;#x2019;s never-ending budget negotiations. Hochul&#x26;#x2019;s office finally released details of her and Mayor Zohran Mamdani&#x26;#x2019;s new tax on second homes in New York City to the New York Times Thursday, the latest concession to the Democratic socialist mayor and his liberal followers on a tax-hike crusade they say will target the rich. The so-called &#x26;#x201C;pied-a-terre&#x26;#x201D; tax would apply to second homes...</description>
<author>NY Post</author>
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<pubDate>Thu, 14 May 2026 21:19:10 GMT</pubDate>
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