Luxury Home Market Seen Threatened by Scrutiny in New York, Miami - McDermott Will & Emery

Luxury Home Market Seen Threatened by Scrutiny in New York, Miami

Overview


Keith Pattiz warned that Treasury Department rules for reporting all-cash real estate deals in New York and Miami will “give people pause on certain high-end purchases. People just don’t want everyone to know that they’re buying a $50 million apartment.” Read the full article.