2024-12-22T06:05:14-05:00 https://archinect.com/news/article/113907749/this-is-not-just-hyperbole Nam Henderson 2014-11-17T21:53:00-05:00 >2018-01-30T06:16:04-05:00 <img src="https://archinect.gumlet.io/uploads/da/dan2yw88umjqqs26.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>"The pied-&agrave;-terre tax is seen by New York&rsquo;s wealthiest 1 percent as a question of fairness" - James Parrott, the chief economist at the Fiscal Policy Institute</p></em><br /><br /><p>New data from the&nbsp;Census Bureau&rsquo;s 2012 American Community Survey, confirms the high vacancy rate in certain "<em>billionaire buildings</em>" and neighborhoods of Manhattan. Some are making the case that&nbsp;an additional tax should be levied for these pieds-&agrave;-terres.</p>