
Long Island's 'Mansion Tax' Hits Buyers of Modest Homes
A New York State tax from 1989, known as the 'mansion tax,' is increasingly affecting buyers of modest homes on Long Island as property values soar.
5 articles tagged

A New York State tax from 1989, known as the 'mansion tax,' is increasingly affecting buyers of modest homes on Long Island as property values soar.

The Hamptons real estate market saw its fourth straight quarter of sales growth in Q3 2025, with dollar volume up 12% to $1.4B, led by the luxury segment.

A prosecutor alleges the driver charged in the hit-and-run death of Hamptons agent Sara Burack stopped to remove a suitcase from under her car before fleeing.

Long Island's commercial real estate market is buzzing with activity, including major industrial leases in Bethpage and Commack and a $1.5M historic sale in Huntington.

Julius Jay Tanenbaum, a World War II naval veteran and influential real estate developer on Long Island, has died at the age of 99, just shy of his 100th birthday.