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Top NY Court Doubts NYC Over $21M High-Rise Transfer Tax

By Pete Brush ( November 17, 2014, 4:49 PM EST) -- Judges on New York's top court appeared skeptical Monday of an effort by New York City to hit residents of Brooklyn high-rises with a $21.2 million real estate transfer tax after they left the Mitchell-Lama affordable housing program and went private, producing a nearly tenfold jump in the buildings' value....

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