Mamdani proposes 9.5% property tax hike in NYC

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Mamdani proposes 9.5% property tax hike in NYC as part of new budget
New York City Mayor Zohran Mamdani proposed a 9.5% property tax increase on Tuesday as part of his plan for the city’s “preliminary budget.” Mamdani said the tax hike was necessary to offset a $5.4 billion budget shortfall in the city due to the financial mismanagement by previous administrations.

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Mamdani To Increase NYC Property Taxes by 9.5 Percent To Balance Budget if Income Taxes Are Not Raised
Mamdani under fire over New York property tax rise
New York City Council pushes back against Mayor Mamdani's 'last resort' budget proposal
During his preliminary budget proposal, Mayor Zohran Mamdani suggested "a path of last resort" of raising property taxes and dipping into New York City reserves to close a $7 billion budget gap, if Go...

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Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed
NYC Mayor Floats Property Tax Hike in $127B Budget Showdown
Zohran Mamdani Threatens New York Property Tax Hike As Last-Resort
Hochul - who is running for reelection in November - hasn't budged on her refusal to raise taxes on corporations and wealthy residents, repeatedly saying there is no reason to hike the levies at this ...

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Mamdani proposes 9.5% property tax hike for budget gap if Albany doesn’t act
Mamdani's proposed property tax increase faces swift political pushback

NYC, NY politics live updates: Mamdani softens on ‘Freeze The Rent’ vow after tax increase threats

Follow the Post’s live updates for the latest politics news in New York from Zohran Mamdani’s mayoral term in NYC to state legislation in Albany and more.

Tax the rich? Mamdani to release preliminary budget plan for NYC

Mayor Zohran Mamdani is set to lay out his plan to balance New York City’s budget. The mayor estimates the budget gap is around $7 billion for the current and next fiscal years combined. Gov. Kathy Hochul says the state is committing another $1.

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NYC Mayor Zohran Mamdani bringing back homeless encampment sweeps, but with some differences

Just weeks ago, New York City Mayor Zohran Mamdani was against the sweeps. He says now, however, they'll be unlike how they've been done before.

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