The Latest on the Pied-à-Terre Tax Rollout

New York City's Department of Finance sent letters to thousands of high-value homeowners regarding a so-called pied-à-terre tax, but many of the people who received those letters say these are their primary residences. Kathryn Brenzel, senior political reporter at Crain's New York Business, explains the roll-out, the extended appeal deadline, and the rules for who qualifies. Photo: BROOKLYN, NY - APRIL 15: Brooklyn Brownstones in a Brooklyn Heights neighborhood in Brooklyn, New York on April 15, 2016. (Photo By Raymond Boyd/Getty Images)   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.