• Wed. Apr 24th, 2024

For Los Angeles Buildings That Didn’t Sell Before Mansion Tax Deadline, Here’s What’s Next


Apr 10, 2023
The Aon Center is downtown Los Angeles' third-tallest building, rising 62 stories. The office tower, built in 1974, failed to sell before the March 31 "mansion tax" deadline. (CoStar)


The end of March was among the most active weeks for commercial real estate sales in the city of Los Angeles as buyers and sellers looked to complete deals before a property transfer levy, known as the mansion tax, took effect on April 1. Now, brokers say, the hard part begins.

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