State Sen. Fahy: Proposed upstate pied-à-terre would impact investor properties valued at $2.5M and above

Gov. Kathy Hochul has floated a tax on expensive second homes in New York City to generate extra revenue.

Albany-area Democratic state Sen. Pat Fahy has proposed a similar effort to raise revenue for upstate municipalities. The bill number is S10197.

She spoke with Capital Tonight’s Susan Arbetter about her proposed upstate pied-à-terre tax…

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