LAST RESORT: NYC Mayor Zohran Mamdani is threatening to raise property taxes by 9.5% if the state rejects his plan to tax the “ultra-wealthy.” His $127 billion budget proposal could take a “last resort” path, escalating tensions with Gov. Hochul and putting him at odds with a key campaign promise.
LAST RESORT: NYC Mayor Zohran Mamdani is threatening to raise property taxes by 9.5% if the state rejects his plan to tax the “ultra-wealthy.” His $127 billion budget proposal could take a “last resort” path, escalating tensions with Gov. Hochul and putting him at odds with a key campaign promise.