ARTICLE
6 August 2026

Breaking Down NYC’s Pied-À-Terre-Tax

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Cole Schotz P.C.

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Founded in 1926, Cole Schotz is an Am Law 200 firm with more than 210 attorneys serving clients across the United States. The firm advises businesses and select individuals on complex legal matters, combining practical guidance with a longstanding commitment to client service and trusted relationships.
Jordan Metzger, a real estate attorney, provides expert analysis on New York City's Pied-À-Terre Tax, explaining how this levy on high-value residential properties affects owners who don't use them as primary residences. The discussion covers the tax's far-reaching implications for property owners, prospective buyers, and co-op boards across the city.
United States Real Estate and Construction
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Jordan Metzger, real estate attorney, spoke with News 12 to break down New York City’s Pied-À-Terre-Tax. The Pied-À-Terre-Tax is a tax imposed on certain high-value residential properties that are not used as the owner’s primary residence. The tax has significant implications for property owners, prospective purchasers, and co-op boards throughout New York City.

Click here to watch the full interview.

As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication. No aspect of this advertisement has been approved by the highest court in any state.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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