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Pied-à-terre tax pushes wealthy buyers into Manhattan luxury rentals

🔥 Pied-à-terre Tax Pushes Wealthy Buyers Into Manhattan

Published by OOPSONLINE.IN · Source: Fox Business · 1 min read · · Updated

What actually happened

Manhattan luxury rentals are breaking records as apartments now go for over $100,000 a month. New York City's pied-à-terre tax gives wealthy buyers another reason to rent.

Key points

  • Manhattan luxury rentals are breaking records as apartments now go for over $100,000 a month.
  • New York City's pied-à-terre tax gives wealthy buyers another reason to rent.

Summary based on data provided by Fox Business. Full article available at the original publisher.

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