Manhattan Luxury Market Booms as Wealthy Buyers Shrug Off Pied-a-Terre Tax

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Manhattan Luxury Market Booms as Wealthy Buyers Shrug Off Pied-a-Terre Tax

Manhattan Luxury Market Booms as Wealthy Buyers Shrug Off Pied-à-Terre Tax The Manhattan luxury market is booming despite the Big Apple’s looming pied-à-terre tax on second homes valued over $1 million. Last week, 36 contracts were signed at $4 million and above, eight more than the previous week, and the most since the first week
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