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Mamdani and Hochul Are Solving New York City's Budget Crisis

How Mamdani and Hochul Are Solving New York City’s Budget Crisis

A generous influx of state resources from Gov. Kathy Hochul and a new tax on luxury second homes will help Mayor Zohran Mamdani balance a $125 billion budget.

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Hochul’s $268 billion New York budget meets Mamdani halfway on ‘tax the rich’ agenda

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With latest lifelines from Hochul, Mamdani balances NYC budget

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Opinion - Mamdani closes budget gap, invests $122 million in public schools!

Just months into office, Mamdani says his administration inherited a staggering $12 billion budget deficit.

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Mamdani touts $12M opioid settlement funds, but Staten Island D.A. says ‘it’s not enough’

Gothamist · 17h

Lawmakers plan tax on NYC cash home sales, as Hochul details pied-a-terre plan

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New York real estate groups blast Hochul's pied-à-terre tax

The group says the plan, if it survives in the final budget, would "drive down property values, create higher costs for co-op owners and residents, and deter investments while crushing new development...

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Opinion - Leftists terrified as their progressive poster child Mamdani fails in New York

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Posts claim 700K New Yorkers signed petitions asking to recall Mamdani. There's no proof

New York Takes Two-Step Approach on Multimillion-Dollar Second-Home Tax

The new tax surcharge will be phased in as the city and state work out which properties it will affect, according to Gov. Kathy Hochul’s office.

WTEN Albany on MSN

New York passes 12th budget extender, one week since Hochul announced agreement

The New York State Legislature passed a 12th emergency budget extender to keep the government operating and fund payroll through Monday, pushing the state budget to 45 days late, the most delayed spending plan since 2010.

4don MSN

Hochul or Mamdani endorsement could decide New York's 10th Congressional District. Here's why.

The Democratic primary in the 10th Congressional District is an intense fight where former New York City Comptroller Brad Lander is trying to unseat Rep. Dan Goldman.

Immigration Attorney Secures New York Pardon for Client

Immigration attorney Alena Shautsova announced that her office secured a gubernatorial pardon for an immigration client following Governor Kathy Hochul’s recent clemency action, which granted pardons to 19 individuals statewide.

New York reduces World Cup shuttle bus prices for round trip to World Cup

New York is reducing World Cup shuttle bus prices to $20 and setting aside 20% of tickets for state residents.

13don MSN

New York Gov. Hochul demands answers on whether ICE agent who killed Renee Good has been sent to New York

The New York governor wants confirmation that ICE agent Jonathan Ross was not moved to New York after the Minneapolis killing of Renee Good.

Observer Today

State announces $4 billion more for fiscally strapped New York City

More big bucks are heading to Albany. In a news release issued Tuesday, state Gov. Kathy Hochul and Mayor Zohran Kwame Mamdani announced new state support and actions to help New York City close its budget deficit ahead of the release of Mamdani’s Fiscal Year 2027 Executive Budget.