The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Luxury buyers and sellers are recalculating in the wake of New York’s pied-à-terre tax. The majority-Democratic state legislature signed off on the remaining final budget legislation late Wednesday night, approving Gov. Kathy Hochul’s slate of policies she contends will improve affordability for New York residents. Hochul, a moderate Democrat, has been criticized by several progressive lawmakers who had split with the governor over her weakening of the state’s 2019 climate law and refusal to raise income and corporate tax rates. But top Manhattan broker Lisa Lippman believes the disruption will be temporary. A 29-year industry insider and the consistent number one broker at Brown Harris Stevens with more than $500 million in transaction volume in 2025 alone

For more, Carol Massar Tim Stenovec speak with Lisa Lippman, Real Estate Agent at Brown Harris Stevens.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Luxury buyers and sellers are recalculating in the wake of New York&rsquo;s pied-&agrave;-terre tax. The majority-Democratic state legislature signed off on the remaining final budget legislation late Wednesday night, approving Gov. Kathy Hochul&rsquo;s slate of policies she contends will improve affordability for New York residents. Hochul, a moderate Democrat, has been criticized by several progressive lawmakers who had split with the governor over her weakening of the state&rsquo;s 2019 climate law and refusal to raise income and corporate tax rates. But top Manhattan broker&nbsp;Lisa&nbsp;Lippman&nbsp;believes the disruption will be temporary. A 29-year industry insider and the consistent number one broker at Brown Harris Stevens with more than $500 million in transaction volume in 2025 alone For more, Carol Massar Tim Stenovec speak with Lisa Lippman, Real Estate Agent at Brown Harris Stevens.

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

NY Lawmakers Approve Final Budget That Includes Second-Home Tax

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