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How the rich get a big real estate tax break – CNBC.com

How the rich get a big real estate tax break CNBC.com At 56 Leonard Street, where a penthouse just went into contract for $47 million, the buyers are poised to receive a 76 percent break on their real estate taxes. At 150 Charles Street, an ultraluxury development in the West Village, the tax break is 70 ..

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How the rich get a big real estate tax break – CNBC.com