Tag: #manhattan

Real Estate Investment

Manhattan Luxury Real Estate Booms as High-End Buyers Brush Off New Pied-à-Terre Tax

Tuesday, October 27, 2026 | 00:07

The Manhattan luxury real estate market is experiencing a robust and unexpected boom, defying widespread predictions that a new municipal tax targeting second homes would derail high-end sales. Despite the looming implementation of the Big Apple’s controversial pied-à-terre tax on secondary properties valued over $1 million, high-net-worth buyers are continuing to invest heavily in prime […]