The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate
Miller Samuel
MARCH 19, 2019
At the opposite end of the spectrum, the fiscally conservative Citizens Budget Commission described the tax as appealing but problematic : Gov. January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract). And it is a marginal rate tax - only the amount above each threshold is taxed.
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