Trump's childhood home in NYC sold after extensive makeover

The article reports that New York’s luxury real estate market is experiencing a slowdown, partly due to higher taxes like the pied-à-terre tax. A historically significant home in Queens, previously owned by President Donald Trump’s family, was renovated and recently sold for just below $2 million after a series of price adjustments. The sale reflects broader trends of wealth and investment moving out of New York to other states amid rising taxes and market changes.

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