Thursday 22 August 2019

Clayton Orrigo on the mansion tax and the market’s “tectonic” shifts

The mansion tax. The proliferation of listings platforms. A softening luxury market. The Real Deal talked to six players in New York City’s residential space about the new pain points they’re feeling in a sector that’s getting squeezed from all sides. Below, Clayton Orrigo of Compass describes the flurry of deals he saw before the mansion tax took effect — and what he expects to happen long-term. Read the full story — “Tales from the […]



source https://therealdeal.com/2019/08/22/clayton-orrigo-on-the-mansion-tax-and-the-markets-tectonic-shifts/

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