Correction to NYC's Pied-à-Terre Owners Hunt for Creative Ways to Dodge New Tax Article on Aug. 6 -- WSJ
Dow Jones2026/08/10 15:40New York City's pied-à-terre tax will apply to homes worth $5 million or more and to co-ops and condos worth $1 million or more where the owner isn't a primary resident of the property. "NYC's Pied-à-Terre Owners Hunt for Creative Ways to Dodge New Tax," at 8 p.m. ET on Aug. 6, incorrectly said the levy applies to those homes worth $5 million or more and to co-ops and condos worth $1 million or more where the owner isn't a primary resident of the city.
(END) Dow Jones Newswires
August 10, 2026 11:40 ET (15:40 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic (ANT.US) targets IPO at trillion-dollar valuation; venture capitalists warn it may signal the peak of the AI market
Venture capitalist Selby warns that Anthropic’s trillion-dollar valuation IPO could signal the peak of the AI market, and the expiration of the lock-up period may trigger a chain reaction of corrections.
Wall Street's "Great Rotation" Underway: AI Trading Fades, Tech Stocks Out of Favor, Capital Flows Shift to Defensive Sectors
Analysts point out that as investors shift their bets from high-risk technology sectors to defensive stocks, the market is currently in a "state of alert".
Barrick Gold (ABGC.US) applies for U.S. IPO, aiming to raise up to 6 billion dollars
American Barrick Gold has submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC).
Crypto prices
More
