And continuing in your tradition of good news, I'll say that so much of that scholarship, that advocacy, we're already seeing the fruits of it. Just last night we saw an announcement that We are working together with the governor to introduce New York City's first ever pied a terre tax. which will. This is, this is a tax on properties worth more than $5 million that are owned by people who do not reside in New York City. (21:04–21:11)
CLAIM
Asserts that a new tax on properties worth more than $5 million owned by non-residents is being introduced.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.