The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate
Miller Samuel
MARCH 19, 2019
January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract). March: Introduction of the Fiscal Policy Institute's 2014 "pied-a-terre" tax proposal for properties valued at or above $5,000,000 in New York City, was introduced in the Senate. November: Control of the New York State Senate flipped.
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