Contours of NYC’s Pied-à-Terre Tax Begin to Take Shape

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.Gov. Kathy Hochul is discussing a potential surcharge tax on second homes that would kick in on properties worth at least $5 million, with the rates increasing with the value of the home.