New York City Mayor Zohran Mamdani has issued an ultimatum to Gov. Kathy Hochul and state lawmakers: approve his plan to tax ...

Mamdani's tax-centric new fiscal plan seeks to close a multibillion budget gap with two choices: sock it to the rich or sock ...

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 is set to lay out his plan to balance New York City’s budget. The mayor estimates the budget gap is ...

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

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 ...

The Democratic socialist who made affordability the focus of his campaign must present a balanced preliminary budget next ...

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

The mayor’s affordability agenda is imperiled by a multibillion-dollar budget hole, with tax revenue lagging behind the ...