VP for housing and neighborhood planning, Regional Plan Association. VP for housing and neighborhoodplanning, Regional Plan Association

NEW YORK CITY—The Regional Plan Association finds New York City has reached a historic high in pieds-à-terre with 74,945 housing units currently used for seasonal, recreational and occasional use. In its report “NYC Residential Property Taxes: Four Reforms” the nonprofit civic organization recommends changing residential property taxes to address what it characterizes as systemic inequities.

One of the reforms would be taxing pieds-à-terre.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.