The Pied à Terre Tax Takedown: A Tale of Misguided Outrage and Public Records The recent furor over New York City's pied à terre tax has been a spectacle to behold, with politicians, pundits, and some property owners condemning the policy as a draconian measure targeting wealthy individuals.
However, beneath this surface level outrage lies an outdated system of public records that is being updated, not undermined.
For nearly 200 years, New York City has maintained detailed records of property ownership, making it possible for anyone with internet access to look up the value of their neighbor's house.