Mayor floats 9.5 percent property tax increase

Having apparently been thwarted in his efforts to get the state to raise New York City’s income tax on wealthy earners, Mayor Mamdani proposed in his record-high preliminary budget plan a second option for closing a multibillion-dollar gap.And criticism is…

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Mayor floats 9.5 percent property tax increase

Having apparently been thwarted in his efforts to get the state to raise New York City’s income tax on wealthy earners, Mayor Mamdani proposed in his record-high preliminary budget plan a second option for closing a multibillion-dollar gap.And criticism is…

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