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New York passes pied-a-terre tax on $1 million second homes

New York passes pied-a-terre tax on $1 million second homes

New York state lawmakers passed a pied-a-terre tax on New York City second homes valued at $1 million or more to help close the city budget gap.

 Trump Tower Australia plan collapses as developer cites Iran war

Trump Tower Australia plan collapses as developer cites Iran war

Plans for Australia’s first Trump Tower have been scrapped, with the developer citing the Iran war and the Trump Organization blaming financial defaults.