New mansion tax takes effect in New York on July 1

Posted from: https://www.cnbc.com/video/2019/06/06/new-mansion-tax-takes-effect-in-new-york-on-july-1.html

Two giant real estate deals were announced in New York City, sparking hope of a potential rebound in luxury Manhattan real estate, but a closer look reveals there may be trouble on the horizon. CNBC's Robert Frank reports….

Posted from: https://www.cnbc.com/video/2019/06/06/new-mansion-tax-takes-effect-in-new-york-on-july-1.html

Two giant real estate deals were announced in New York City, sparking hope of a potential rebound in luxury Manhattan real estate, but a closer look reveals there may be trouble on the horizon. CNBC's Robert Frank reports….

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