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Manhattan Luxury Housing Market Holds Firm as Wealthy Buyers Look Beyond New Property Tax

Felipe Cardona July 3, 2026

The Manhattan luxury housing market continues to demonstrate remarkable resilience despite the introduction of New York City’s new surcharge on qualifying second homes. Although the policy sparked concerns that wealthy buyers might redirect their investments elsewhere, activity in the premium residential sector has remained steady. Tight inventory, strong financial markets and continued demand for trophy properties are helping sustain one of the world’s most closely watched luxury real estate markets. Recent policy

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Other Notable Stories

House Democrats Question Freedom 250’s Role in America’s 250th Anniversary Celebrations

Sarah Olivella July 3, 2026

The Freedom 250 controversy has become a prominent political issue as preparations continue for celebrations marking the 250th anniversary of the United States. House Democrats

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Iran Organizes Days of National Mourning Following Supreme Leader’s Death

Felipe Cardona July 3, 2026

The Iran Supreme Leader funeral is expected to become one of the largest public events in the country’s modern history. Authorities are preparing several days of official

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The Filibuster Battle: Why Donald Trump Wants to End the Senate Tradition and the Nuclear Implications

SMGN Publishing October 31, 2025

The long-standing Senate custom known as the filibuster—an informal term for any maneuver designed to block or delay legislative action—has long been the bane of

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Comet 3I/ATLAS: Interstellar Visitor Completes Perihelion, Offering Unique Glimpses Into Cosmic Origins

SMGN Publishing October 31, 2025

The enigmatic interstellar comet 3I/ATLAS, an object confirmed to have originated from a star system beyond our own, recently reached its perihelion—the point of its

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Judge Orders SNAP Plan: Trump Administration Must Outline Strategy for Food Benefits Amid Suspension Crisis

SMGN Publishing October 31, 2025

A federal court has issued a critical mandate to the Trump administration, ordering the executive branch to develop a concrete plan for the future of

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The Scottish Gothic: How Scotland’s History and Scenery Shaped the Enduring Legend of Frankenstein

SMGN Publishing October 31, 2025

The deep connection between Mary Shelley’s seminal 1818 novel, Frankenstein: or, The Modern Prometheus, and Scotland is often overlooked in its countless screen adaptations, yet

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Trump and Xi Jinping Reignite Trade Talks: Inside the Fragile Truce Between the U.S. and China

SMGN Publishing October 30, 2025

Renewed Dialogue Between Two Superpowers After six years without a formal meeting, Donald Trump and Xi Jinping have reopened high-stakes dialogue between the world’s two

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Hurricane Melissa Devastates the Caribbean: Jamaica, Cuba, and Haiti Face Catastrophic Losses as Storm Heads North

SMGN Publishing October 30, 2025

Jamaica Faces Unprecedented Destruction from Hurricane Melissa Rescue operations continue across the Caribbean after Hurricane Melissa carved a devastating path through the region. It left

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FDA Unveils New Biosimilar Approval Plan to Cut Drug Costs and Boost Competition in the U.S.

SMGN Publishing October 30, 2025

FDA Accelerates Biosimilar Approvals to Lower Prescription Costs The U.S. Food and Drug Administration (FDA) has introduced a new framework designed to simplify and speed

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US Shutdown Crisis Deepens: Five Ways Funding Lapse Is Hitting Americans’ Wallets and Wellbeing

SMGN Publishing October 30, 2025

The United States government shutdown has tragically entered its fifth week with no clear legislative solution in sight. The political deadlock between Democrats and Republicans

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Orbital Energy Dream: How Space Solar Power is Closer to Reality Than Ever

SMGN Publishing October 30, 2025

The concept of harnessing the sun’s virtually limitless energy in Earth orbit and transmitting it to the ground is an idea that has captivated scientists

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