
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.
News without the noise · New York Edition
Friday, April 17, 2026 · 72 stories

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.

New York City used contractors with histories of violations and legal issues for snow removal during recent winter storms. The City Council is now reviewing emergency procurement policies in response to these contracts.

The city has initiated an emergency demolition of the Roosevelt Island Steam Plant, a structure built in 1939. Residents have expressed concerns about a lack of transparency regarding potential health risks associated with the demolition process.

Governor Kathy Hochul and a state legislator have proposed a pied-à-terre tax targeting second homes in New York City valued over $5 million, aimed at addressing budget gaps. The policy, described as the first of its kind in the state, focuses on taxing ultra-wealthy individuals and global elites with non-primary residences.

A 15-year-old boy was fatally shot during a fight on a basketball court at Roy Wilkins Park in St. Albans, Queens, around 6:15 p.m. on Thursday. Police are investigating the incident and searching for a suspect seen fleeing in a gray sweatsuit, with no arrests made yet. Community advocates noted the park typically hosts violence prevention programs and called for increased resources as warmer weather approaches.

The union representing over 34,000 residential building workers in New York City reached a tentative agreement with the Realty Advisory Board, averting a strike that would have impacted more than a million residents across thousands of buildings. The four-year contract includes a $4.50 hourly wage increase, a 15% pension increase, and fully employer-paid healthcare benefits with no premium sharing. The agreement addresses industry concerns about sustainability amid potential rent freezes and rising operating costs for co-ops and condos.

Air Canada has temporarily suspended flights from Toronto and Montreal to New York's John F. Kennedy airport, citing rising fuel prices. The suspension affects a key international route connecting major North American cities.

Finance ministers and central bankers have raised serious concerns about the Claude Mythos AI model, fearing it could undermine financial system security by identifying cyber vulnerabilities. Canadian Finance Minister François-Philippe Champagne said it was discussed at IMF meetings, noting the model presents unknown risks requiring safeguards. The UK's AI Security Institute found Mythos can exploit weak security systems, though some experts question its capabilities without wider testing.

A 10-day ceasefire between Israel and Lebanon took effect on April 16, facilitated by the United States. The agreement includes provisions for possible extension and requires Lebanon to prevent attacks by Hezbollah, while Israel retains its right to self-defense. The ceasefire follows six weeks of cross-border exchanges that have resulted in significant casualties and displacement.

NJ Transit will charge World Cup attendees $150 for round-trip train tickets to MetLife Stadium games in 2026, while simultaneously reducing regular service on those lines. The agency states these 2025 FIFA matches serve as a test for handling the larger 2026 crowds.