New York City Mayor Zohran Mamdani unveiled his preliminary financial plan on the heels of the announcement that the state will give the city $1.5 billion to help fix a massive budget shortfall.

Mayor Zohran Mamdani has proposed increasing property taxes by 9.5% in New York City to close a major budget gap. It’s one of few tax levers in the city’s control, set each

NYC Mayor Mamdani proposes taxing the ultra-wealthy to address a $7 billion deficit, with property tax hikes as a less favored alternative.

In another move that some elected officials may criticize, Mamdani is canceling his predecessor Eric Adams’ phased hiring of 5,000 additional police officers. His budget proposes a $22 million decrease to the NYPD’s $6.4 billion budget next year.

Mayor Zohran Mamdani said his proposal to raise New York City property taxes was a “last resort” to close a budget gap.

Mamdani was elected on a wave of optimism and lofty promises to bring free childcare, no-cost buses, and a rent freeze to New Yorkers struggling in a city that has become increasingly unaffordable

Zohran Mamdani, New York City’s first Muslim mayor, will observe Ramadan as he runs the nation’s largest city, blending his faith into his public life.

Mayor Zohran Mamdani said New York City would raise property taxes if Albany doesn't tax the rich. The mayor on Tuesday released his first preliminary budget, presenting a grim outlook for the city's fiscal health,

Ana Maria Archila, co-chair of the Working Families Party, backed a protest vote against Biden’s Israel policy and supported a controversial bill targeting pro-Israel nonprofits

New York City Mayor Zohran Mamdani plans to appoint Faiza Ali, former first deputy chief of staff to prior City Council Speaker Adrienne Adams, as the city's chief immigration officer, City Hall officials said Tuesday.