• Wed. Apr 24th, 2024

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

Bynewsmagzines

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)

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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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