Mansion or not, you can't escape the so-called mansion tax

… Buying in New York City means paying painful extra costs but nothing makes this as clear … the socalled mansion tax which kicks in when you purchase a property for $1 million or moreeven if the place you are … its fair to say $1 million no longer buys you a mansion in NYCfor that amount buyers are more likely to end up with a …

By Jennifer White Karp |April 14, 2025 - 10:00AM