Finance

New York's pied-a-terre tax sets up legal fight over values

NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing  high-end second homes.

C
CNBC
April 24, 2026· 1 min read
GM
Finance

NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing  high-end second homes.

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New York's pied-a-terre tax sets up legal fight over values

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