{"id":171750,"date":"2026-05-11T22:43:07","date_gmt":"2026-05-11T15:43:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-wealthy-keep-buying-manhattan-real-estate-despite-potential-pied-a-terre-tax\/"},"modified":"2026-05-11T23:16:02","modified_gmt":"2026-05-11T16:16:02","slug":"the-wealthy-keep-buying-manhattan-real-estate-despite-potential-pied-a-terre-tax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-wealthy-keep-buying-manhattan-real-estate-despite-potential-pied-a-terre-tax\/","title":{"rendered":"The wealthy keep buying Manhattan real estate despite potential pied-\u00e0-terre tax"},"content":{"rendered":"<p>&#013;<br \/>\nReal estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2026\/05\/11\/luxury-real-estate-manhattan-mamdani-pied-a-terre-tax.html\" target=\"_blank\" rel=\"noopener\">The wealthy keep buying Manhattan real estate despite potential pied-\u00e0-terre tax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Real estate sales in Manhattan worth $4 million or more increased in the past month,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-171750","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-IGa","jetpack-related-posts":[{"id":105489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cnbcs-robert-frank-explains-what-may-happen-to-the-pied-a-terre-tax\/","url_meta":{"origin":171750,"position":0},"title":"CNBC&#039;s Robert Frank explains what may happen to the pied-a-terre tax","date":"March 28, 2019","format":false,"excerpt":"\r CNBC's Robert Frank reports on the controversy over the pied-a-terre tax, which is a tax that applies to second homes valued at over $5 million in New York.\r \r Source : cnbc.com\r Read more...CNBC's Robert Frank explains what may happen to the pied-a-terre tax","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/trump-says-nyc-pied-a-terre-tax-must-be-stopped-eyes-federal-block\/","url_meta":{"origin":171750,"position":1},"title":"Trump says NYC pied-\u00e0-terre tax &#039;must be stopped,&#039; eyes federal block","date":"August 12, 2026","format":false,"excerpt":"\r Trump in a Truth Social post called Mamdani's pied-\u00e0-terre tax a \"dangerous political 'experiment' in New York will destroy\" the city and state.\r \r Source : cnbc.com\r Read more...Trump says NYC pied-\u00e0-terre tax 'must be stopped,' eyes federal block","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171756,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-york-city-mayor-zohran-mamdanis-pied-a-terre-tax-is-moving-ahead-but-will-it-work\/","url_meta":{"origin":171750,"position":2},"title":"New York City Mayor Zohran Mamdani&#039;s pied-\u00e0-terre tax is moving ahead. But will it work?","date":"May 13, 2026","format":false,"excerpt":"\r New York is moving ahead with a pied-\u00e0-terre property tax in its budget. Existing taxes from around the world's major cities show the limits of the policy.\r \r Source : cnbc.com\r Read more...New York City Mayor Zohran Mamdani's pied-\u00e0-terre tax is moving ahead. But will it work?","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-yorks-pied-a-terre-tax-sets-up-legal-fight-over-values\/","url_meta":{"origin":171750,"position":3},"title":"New York&#039;s pied-a-terre tax sets up legal fight over values","date":"April 24, 2026","format":false,"excerpt":"\r NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing\u00a0 high-end second homes.\r \r Source : cnbc.com\r Read more...New York's pied-a-terre tax sets up legal fight over values","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172122,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-luxury-real-estate-sales-hold-firm-despite-fears-of-a-mamdani-effect\/","url_meta":{"origin":171750,"position":4},"title":"Manhattan luxury real estate sales hold firm despite fears of a &#039;Mamdani effect&#039;","date":"July 3, 2026","format":false,"excerpt":"\r A month after the passage of a tax on second homes in New York City, brokers and analysts said sales of luxury real estate remain strong.\r \r Source : cnbc.com\r Read more...Manhattan luxury real estate sales hold firm despite fears of a 'Mamdani effect'","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-35m-starter-home-why-the-super-rich-are-queueing-up-for-a-phenomenally-pricey-pied-a-terre\/","url_meta":{"origin":171750,"position":5},"title":"The \u00a335m starter home: why the super-rich are queueing up for a phenomenally pricey pied-\u00e0-terre","date":"December 4, 2024","format":false,"excerpt":"\r At about 130 times the price of the average home in the UK, the smallest apartments at 1 Mayfair are eye-wateringly expensive. So why are they proving so popular?Name: The \u00a335m starter home.Age: Due to be completed in 2026. Continue reading...\r \r Source : theguardian.com\r Read more...The \u00a335m starter\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171750"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=171750"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171750\/revisions"}],"predecessor-version":[{"id":171751,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171750\/revisions\/171751"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=171750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=171750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=171750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}