Mansion or not, you can't escape the so-called mansion tax

… Buying in New York City means paying painful extra costs but nothing makes this as … many buyers The mansion tax aka New York State Tax 1402a  can increase your closing costs by thousands Its also … said But in practice it is unlikely … Can you ask the seller to pay the mansion tax … When buyers have the upper …

By Jennifer White Karp |April 14, 2025 - 10:00AM