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

… 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 … with trying to avoid the mansion tax The NYC Department of Finance can ask for supporting documentation that subjects …

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