NYC’s Proposed Pied A Terre Tax For Properties $5 million +

Posted by Wei Min Tan on October 30, 2017

Publication:  Real Estate Weekly

 

Summary:  Wei Min Tan contributed to article about NYC’s proposed pied-a-terre tax which would apply to properties $5 million +.

 

Wei Min’s comments in article:  

Wei min Tan, an associate broker at Charles Rutenberg LLC New York, agrees with Miller’s assessment that financial repercussions could deter even the most financially stable property buyers.

“They don’t just throw their money around,” Tan said. “That’s just their nature. I think people who are financially successful are financially successful because they are careful with their money.



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641 Lexington Avenue,
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New York, NY 10022





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Wei Min Tan is a property broker focusing on Manhattan, New York luxury condominiums and foreign buyers. He is often interviewed by the media including CNN, The New York Times and The Wall Street Journal on the subject of foreign buyers of Manhattan property.