Mamdani Claims 9.5% NYC Property Hike Will Be ‘Last Resort’ as He Unveils Record $127B Budget
February 17, 2026
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2:48Now PlayingMamdani Claims 9.5% NYC Property Hike Will Be ‘Last Resort’ as He Unveils Record $127B Budget
YouTube Description
as posted by the channelMayor Zohran Mamdani has declared that property taxes will require a 9.5% hike across NYC to make up for Gov. Kathy Hochul's refusal to hike taxes on NY's wealthy. He will also drain the city's rainy day fund by $1 billion.
He repeatedly stressed Tuesday that this hike will be a "last resort" that will only materialize in the event Hochul doesn't follow through on tax hikes.
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#zohranmamdani #budget #nyc
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