Tag Archives: NYC mansion tax

The Attorney’s Role in New York Real Estate Transactions – Michele Cea, Esq.

In light of the CLE that Hallmark Abstract Service sponsored this weekend titled ‘Uncovering the Landmines Buried Deep in the New York Residential Real Estate Contract‘ that was hosted by attorney Vincent J. Gallo, we offer the article below authored by attorney Michele Cea of the firm Cea Legal, P.C. titled ‘The Attorney’s Role in […]

July 1, 2019 New York State and New York City Real Estate Transfer Taxes Slated to Rise!

New York State real estate transfer tax and New York City mansion tax

July 1st the New York State Department of Taxation and Finance will be imposing an increase in the state real estate transfer tax and mansion tax in New York City!  The NYS transfer tax increase will affect residential property sales above $3MM and all other property types sales above $2MM. the increase will be $2.50 per […]