Gov. Kathy Hochul just expanded the net on NYC’s new second-home tax.It now starts at properties with a “market value” of $1 million or more (for the next two years) — it used to be for second homes starting at $5 million.Plus, there’s a new surcharge on all-cash home purchases over $1 million.This is part of Mayor Mamdani’s push to “tax the rich” and close the budget gap.Critics say it’ll speed up the wealthy exodus from NYC to lower-tax states.Will they just pay it and stay… or pack up for Flo
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