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New York Tax on NYC Cash Home Purchases Close to Collapsing
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New York Tax on NYC Cash Home Purchases Close to Collapsing

Bloomberg Markets · May 22, 2026, 7:36 PM · Also reported by 1 other source

Bloomberg's Nacha Cattan joins Scarlet Fu on "Bloomberg Real Yield." A proposal to levy a new tax on all-cash real estate transactions over $1 million in New York City is likely to be dropped from the state budget, according to people familiar with the negotiations. (Source: Bloomberg)

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