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Real estate

Owners of New York pied-à-terres could soon face additional taxes

March 11, 2019

Redfin Manhattan New York real estate Absentee property owners in New York may face new taxes. Image credit: Redfin

 

By Sarah Ramirez

In an attempt to help offset the costs of repairing New York’s public transportation systems, state lawmakers are exploring a tax on wealthy non-residents who own luxury city apartments.

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