New York's pied-a-terre tax sets up legal fight over values
Summary
NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing high-end second homes.
Description
NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing high-end second homes.
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