Op-Ed: If affordability is the goal, there are property tax solutions available

Mayor Zohran Mamdani skated into office on slickly-produced videos claiming he’d help New York residents with affordability. For his next highly-produced social media video, Mamdani should blow the dust off the report from the New York City Advisory Commission on Property Tax Reform, which could actually help lower costs for tens of thousands of New Yorkers.

In the report already footed by taxpayers, he’ll read about the arcane complexity of New York City’s property tax scheme and learn about two policies that would have immediate benefits for many residents: creating a partial homestead exemption and applying circuit breakers.

New York has a state level homestead e...