Manhattan Buyers Rush to Beat New Mansion Tax - News Summed Up

Manhattan Buyers Rush to Beat New Mansion Tax


Buyers have been racing to close on purchases of expensive Manhattan homes to avoid higher taxes that take effect July 1. Yet the surge of closings wasn’t enough to offset weakening apartment sales in the second quarter, according to a Wall Street Journal analysis of city property sales. Brokers said that both the decline in sales overall...


Source: Wall Street Journal June 30, 2019 13:52 UTC



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