Why thousands of NY homeowners are scrambling to avoid the city's new pied-à-terre tax

Thousands of New York City homeowners are scrambling to prove that their properties are their primary residences after receiving notices that they could be subject to the city's new pied-à-terre tax.The New York City department of finance sent the notices to owners of high-value residential properties identified as potentially not serving as primary residences. Homeowners who believe they have been wrongly classified must apply for a primary residence exemption by submitting documents proving they live in the home.The New York Post cited case of Manhattan resident Karen Young, who said she has lived in her apartment for years but was still required to go through the exemption process. Without an exemption, she could face an additional annual tax bill of about $42,824.“It’s a cumbersome process to prove that I’m a primary resident, which just seems absurd.