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New York bill would tax luxury second homes outside of NYC
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New York bill would tax luxury second homes outside of NYC

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A New York bill would let municipalities tax luxury second homes over $5 million to raise revenue and support year-round communities.

ALBANY — In parts of the Adirondacks, nearly one in five homes sit empty, a vacancy trend that local officials say is hollowing out once year-round communities into seasonal ghost towns. Now, state Sen. Patricia Fahy, a Democrat who represents a larg... [5408 chars]

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Source: Times Union

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