New York City Mayor Zohran Mamdani unveiled his preliminary financial plan on the heels of the announcement that the state ...

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 ...

The mayor says increased property levies could be harmful but argues they’ll be necessary if the state doesn’t enact a new ...

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.

New York Mayor Zohran Mamdani (D) asked Democratic Gov. Kathy Hochul to raise taxes on the “ultra-wealthy,” citing a “significant chasm” in the city’s $5.4 billion deficit.

The mayor’s preliminary Fiscal Year 2027 budget includes the prospect of raising the property tax rate in NYC by 9.5%.

Mamdani was elected on a wave of optimism and lofty promises to bring free childcare, no-cost buses, and a rent freeze to New ...

NYC Mayor Zohran Mamdani has issued an ultimatum to Gov. Kathy Hochul and state lawmakers: approve his plan to tax the rich ...

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