A village on the island of Sardinia in Italy is offering to sell homes to Americans for just $1. Pictured here: Cala Corsara in the Maddalena archipelago. After a polarizing presidential election ...

New York City has proposed a "pied-à-terre" tax on second homes worth more than $5 million, setting the stage for a legal fight over the value of real estate. Because New York's antiquated property ...

Upstate Democratic lawmakers want a piece of the extra revenue pie Gov. Kathy Hochul is serving New York City by taxing luxury second homes in the five boroughs. Last week, Hochul announced a new late ...

Governor Kathy Hochul and Mayor Zohran Mamdani celebrated Tax Day last week by jointly announcing plans to hike taxes. The pair’s proposal would let New York City impose a new surtax on houses and ...

Built in the 17th century, the Church of San Francesco is also known as the Convento dei Cappuccini e Chiesa di San Francesco and the Capuchin Friars Monastery, and it contains many marvelous works of ...

New York officials have proposed a pied-à-terre tax on non-primary homes worth over $5 million. Mayor Zohran Mamdani namechecked billionaire Ken Griffin when he announced the levy. Griffin would be ...

In New York City, Mayor Zohran Mamdani, aside State Gov. Kathy Hochul, announced new plans to enact the state's first pied-à-terre tax, sparking questions in the tri-state area about what the tax ...

A new proposal in New York is turning renewed attention to the city’s ultra-luxury second-home market—and could introduce a new tax for owners who rarely occupy their Big Apple properties. Governor ...

As state leaders determine how much owners of high-priced second homes in New York City may have to pay, they are also wrestling with opaque L.L.C.-ownership issues. By Benjamin Oreskes Mihir Zaveri ...

New York City Mayor Zohran Mamdani's "tax the rich" campaign promise is taking shape, seizing the national spotlight with a proposal to impose a new pied-à-terre tax, a rarity in the United States.

New York Gov. Kathy Hochul (D) and New York City Mayor Zohran Mamdani (D) have proposed a new tax on property owners who have second homes in New York City worth more than $5 million, in an effort to ...

Pied-à-terre, French for "foot on the ground," means a secondary home or residence. The new tax "will levy an annual surcharge on one to three family homes, condominiums and co-ops valued above $5 ...