BUSINESSNY POST
Deep-pocketed buyers rush to buy ahead of the looming pied-a-terre tax as West Village tower hits $1 billion in contracts
Deep-pocketed buyers are rushing to purchase properties before a looming pied-a-terre tax, with a West Village tower reaching $1 billion in contracts. The article questions if the West Side Highway is becoming the new Billionaires’ Row.
Related Signal
Adjacent reporting
- The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax
- Ken Griffin poised to pay extra $1.4M in taxes for NYC properties thanks to Mamdani’s pied-à-terre tax: report
- NY Pied-à-Terre Tax Needs Significant Rates to Earn $500 Million
- As SpaceX IPO nears, traders think it's a near-certainty Musk becomes the first trillionaire
- PEP Offers to Buy Outdoor Ad Firm oOh!Media for $537 Million
- New York City Mayor Zohran Mamdani's pied-à-terre property tax is moving ahead. But will it work?