Thousands seek exemptions as NYC rolls out new second-home tax

Roughly 2,000 applications for an exemption from New York City’s new second-home tax have been completed by applicants, according to the city’s Department of Finance.Another 4,800 applications have been started but not submitted, the agency said. Together, the number of applications started or submitted is equivalent to about 40% of the approximately 17,000 notices sent to property owners warning that they may be subject to the surcharge.The approximately 2,000 figure represents appl