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 the city’s finances and business climate.

Here's all you need to know about plans to close the multi-billion budget gap as Mamdani relies on Albany for help.

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 the city’s finances and business climate.