No property tax hike coming to NYC, Mamdani says

NEW YORK CITY (PIX11) – A property tax hike is off the table for New York City, Mayor Zohran Mamdani announced on Tuesday as part of his executive city budget. Mamdani threatened an across-the-board tax hike as a method to close the city’s $5.4 billion budget gap. He referred to it as a last resort [...]