Let me rewrite this headline following the rules.

Short summary

NYC's Department of Finance finalized rules for the Pied-à-Terre Tax, an annual surcharge on non-primary-residence properties valued above thresholds ($5M for homes, $1M for condos/co-ops), with progressive rates ranging from 0.8% to 6.5%. DOF mailed notices on July 22, 2026 to owners whose properties lack primary-residence status, requiring exemption claims with supporting documentation by a newly extended deadline of September 18, 2026. The tax applies to NYC fiscal years beginning July 1, 2026 through June 30, 2031 unless renewed, with first charges appearing on bills due January 1, 2027.

• •NYC DOF adopted final rules on July 14, 2026 for the Pied-à-Terre Tax on non-primary-residence properties
• •Surcharge rates range from 0.8%-6.5% depending on property type and assessed value
• •Owners receiving notices must file exemption claims by September 18, 2026 to avoid the surcharge

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