After Rush to Beat New Tax, Manhattan Luxury-Apartment Sales Slump

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Sales of Manhattan homes and apartments for $2 million or more in July shrank to the lowest level for any month in seven years after a new transfer tax took effect

Sept. 1, 2019 9:00 am ET In June, sales of luxury residential real estate soared like a Midtown skyscraper as buyers rushed to beat a looming July 1 tax increase. In July, they plummeted back to earth to the slowest pace in years, according to a Wall Street Journal analysis.

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Who wants to pay for Cuomo and DeBlahzio’s tax schemes....

People are leaving that liberal cesspool.

This tax is making it more expensive to launder foreign money. It's socialism, apparently.

Trumps 'tax cuts' hard at work!

Socialism work! A gradual slow down of economic activity! It takes time but eventually everything comes to a stop!

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