Photo: Sam Balye / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. Jason B. lives in his Park Slope row house. New York City sent him a bill anyway. The Department of Finance told him his pied-à-terre surcharge would be $47,504 a year, according to The Real Deal. The surcharge is aimed at second homes. He has a driver’s license and voter registration tied to the address, plus other residency documents. The trouble was the…
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He Lives in the Brooklyn Row House. New York Still Billed Him a $47,504 Pied-à-Terre Surcharge.
A Brooklyn homeowner’s $47,504 pied-à-terre surcharge dispute highlights how LLC ownership, residency documents and valuation deadlines can affect exemptions.
