The Pied-à-Terre Tax
London Raised Taxes on Luxury Real Estate.
Capital Moved Elsewhere. Could Manhattan Be Next?
THE STANTON HOCH TEAM
At Douglas Elliman Real Estate
Top 1% Nationwide | Over $1.5 Billion in Closed Sales
This Isn't Just A Tax.
It's A Change In Behavior.
If ownership costs rise dramatically, wealthy buyers and sellers may adapt.
They May Choose To Rent Instead Of Own.
Relocate Capital. Change Strategy.
How might that impact pricing, development, jobs, and tax revenue across NYC?
How might it impact you?
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Jordan Hoch · The Stanton Hoch Team · Douglas Elliman · Licensed RE Broker
THE STANTON HOCH TEAM
At Douglas Elliman Real Estate
$1.5 Billion In Closed Sales · Top 1% Nationwide
575 Madison Avenue · New York, NY 10022
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