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Mamdani tax creates 'so much confusion' in NYC real estate, but broker says 'big crisis' is something else

Mamdani tax creates 'so much confusion' in NYC real estate, but broker says 'big crisis' is something else
Image: Fox Business

New York City's biggest crisis is inventory, not capital flight, as high-net-worth buyers rent or pivot rather than flee in the "confusion" of the pied-à-terre tax.

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