Would the Pied-à-Terre Tax Impact Manhattan Property and the $5 million+ Vacation Home Market

This article discusses the potential impact of a 'Pied-à-Terre Tax' on the Manhattan property market, specifically affecting the luxury vacation home segment ($5 million+). The article examines the implications of such a tax, and its potential influence on investors and the overall dynamics of the Manhattan real estate market. This could influence investment strategies.