Monday 24 June 2019

Real estate industry “working around the clock” to close big deals before new taxes hit

Daniel August Cordeiro spent the summer solstice preparing for a weekend to remember — from picking out flowers to pitchers of lemonade — with the expectation that a handful of all-cash buyers would each decide to drop more than $20 million on the spot. “We’re pulling out all the stops,” said Cordeiro, the senior managing director of Corcoran Sunshine Marketing Group, the new development brokerage that represents a portfolio of 30 projects across the city. […]



source https://therealdeal.com/2019/06/24/real-estate-industry-working-around-the-clock-to-close-big-deals-before-new-taxes-hit/

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