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.

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

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

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.

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.

Follow live updates on NYC politics as Mayor Zohran Mamdani is set to announce a record $122 billion budget proposal Tuesday.

"This is a money grab to pay for the free items that are promised and as usual, at the expense of the poorer neighborhood!" griped a Brooklyn worker.