You Have a Problem
The pied-à-terre vacancy tax is real. It is aimed at you. It targets homes that sit empty. Homes you paid for. Homes you maintain. Homes you deserve to enjoy on your own schedule. We don’t think that’s right.
New York’s artists are here for you.
Your solution to the vacancy tax.
We extend our charity to the 1%.
We hear you. We see you.
The city has introduced a vacancy tax. It is designed to penalize property owners like you for having the resources to own more than one home. This is, in our opinion, a profound misunderstanding of how things work.
We find it deeply unfair.
Which is why we built Aura Investments. We connect property owners with New York artists and creatives who have volunteered, voluntarily and generously, to temporarily occupy your home on your behalf.
They are doing this for you. You did not ask them to. They saw your situation, and they wanted to help.
Tell us about your situation. We will find the right volunteer. Quietly, and with discretion.
We did not invent the model. We are merely the first to offer it as a service.
The pied-à-terre vacancy tax is real. It is aimed at you. It targets homes that sit empty. Homes you paid for. Homes you maintain. Homes you deserve to enjoy on your own schedule. We don’t think that’s right.
New York’s artists have stepped forward. Painters. Writers. Composers. Filmmakers. They have volunteered to occupy your home. They will take care of it. They ask for very little, or nothing at all.
With a volunteer occupant in place, your home is no longer vacant. The tax does not apply. You are free to visit whenever you like. The city is satisfied.
In 1478, Lorenzo de’ Medici owned more property than he could regularly visit. The Republic of Florence had taken notice. The arrangement that followed is now considered a foundational period of Western art.
A young painter, unhoused and gifted, agreed to occupy the Villa di Castello during Lorenzo’s absences. He was given a room. He was given a north light. He was given the use of the kitchens.
In return, he stayed there. He was compensated, and so were the Medicis in aura points. He produced, during his residency, several paintings of considerable note.
The villa was no longer vacant. The Republic was satisfied. The painter painted. Lorenzo continued to visit when he wished.
The painter’s work hangs in the Uffizi. The Medicis were violent, corrupt, and occasionally papal. They are also the coolest people in any room they ever entered. Refine your reputation.
If you are a New York artist willing to occupy a beautiful home during a patron’s absence, we would be glad to introduce you. Leave your portfolio. We will be in touch.
We will present your property to our volunteer pool and follow up when a match has been made.
In the meantime: breathe. You found us.
This is going to be okay.