Manhattan Buyers Sour on Trophy Homes

Manhattan Buyers Sour on Trophy Homes

Two Manhattan condos asking over $30 million went into contract last week, the first and only deals of that magnitude in the city since a hike in the mansion tax went into effect on July 1. The two units—both along New York City’s so-called “Billionaire’s Row,” including the designer Tommy Hilfiger’s Plaza Hotel penthouse—stand in

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