Miami building sees more than $70M in sales from NYC buyers in last month — as people flee Mamdani’s pied-à-terre tax

The ink isn’t even dry on New York City’s proposed pied-à-terre tax — and one Miami Beach tower is already counting the money. At the Perigon Miami Beach, a 72-unit oceanfront condominium in Mid-Beach designed by Pritzker Prize-winning architect Rem Koolhaas’s firm OMA, developers say they logged more than $70 million in sales from New York buyers in the 30 days after the building reached its full structural height in early March. The project, developed by Mast Capital, is priced from $12.55 million and expects to open in 2027. It is no coincidence, on April 15, Mayor Zohran Mamdani and...