NY attempts to destroy one of the few remaining bright spots in its economy: The NY Pied a Terre

Now if you own an apartment in NYC or a Hampton's 'cottage' for recreational purposes you will enjoy NY taxes 24/7/365.  Short high end NY real estate.  As Forrest Gump would say:  "stupid is as stupid does".

THIS ISN’T GOING TO HELP HAMPTONS REAL ESTATE VALUATIONS: Court: NY Can Tax All Income of Owner of NY Vacation Home Used 17 Days/Year.