The mayor convinced Kathy Hochul to help out with his first budget, but he can’t ignore the city’s bigger fiscal problems.
By
Errol Louis,
a columnist for New York Magazine
and the longtime host of “Inside City Hall” on Spectrum News NY1.
We won’t know for sure until the state budget is officially closed in the next few days, but it seems clear Mayor Zohran Mamdani did an extraordinary job of persuading Governor Kathy Hochul to pony up an extra $4 billion in assistance to the city. But that doesn’t mean Mamdani is out of the fiscal woods.
Here's all you need to know about plans to close the multi-billion budget gap as Mamdani relies on Albany for help.
New York Mayor Zohran Mamdani on Wednesday said the city’s wealthiest must pay more in taxes to help fill the staggering $12…
Mamdani’s $124.7 billion NYC budget closes a major gap with state aid, a pied‑à‑terre tax and pension shifts that could affect…
Threat of 9.5% property tax increase puts pressure on Governor Hochul, who is seeking re-election this year
Mayor Zohran Mamdani's bold leadership in balancing NYC's budget without sacrificing essential services for working families is a…
El alcalde socialista, que alertó de la catastrófica situación que heredó de su antecesor demócrata, pacta con la gobernadora un…
