News & AnalysisNew York lenders brace for potential mezzanine, preferred equity recording taxThe tax could be up to 2.8% for New York City.BySamantha Rowan26 January 2023•3 mins readNew YorkNorth AmericaNortheastUnited StatesDebtSubordinated debtAlternative lendersBorrowersCapital marketsCMBSLendingPreferred equity