Real Estate: New York's new pied-a-terre tax is expected to spark legal disputes regarding property valuations.
NYC's property tax system is falling short by undervaluing co-ops and condos. Experts suggest it’s time for the city to rethink its approach to assessing high-end second homes. A new valuation system is needed! 🏙️💰 #NYCRealEstate #PropertyTaxReform
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