In June, as the deadline for the mansion tax neared, buyers rushed to close condo and co-op sales across Manhattan, triggering a sharp uptick following months of decline. Figures from the latest Douglas Elliman market reports show that year-over-year sales increased in June for the first time in six quarters, and the median sale price increased by a record 10.5 percent to $1.22 million. The spike was driven in part by the expanded mansion tax […]
source https://therealdeal.com/2019/07/02/manhattan-condo-sales-increase-in-june-as-buyers-rush-to-avoid-mansion-tax/
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