alt Hacker NewsAs a New Yorker I'm thrilled. LVT/Landlording Tax next pls :)
Edit: Actually, as a property tax of nonprimary residences, is this not also effectively also a Landlording tax? Will my landlord's tax bill go up because he's not residing in my building, if my building is above the threshold assessed value of $1mm? Or are >$1mm "multi-family homes" (significant % of housing of New Yorkers in BK/Queens) exempt and this only applies to condos?
Will not the landlords eventually pass the expense of the new tax on to you, the tenants? They won't like dip into their savings to pay it, will they.