"Small savings are worth capturing once the income floor is stable, but you can't cut your way to wealth." ...
The budget was balanced with significant help from the state, including an additional $500 million in yearly revenue from the ...
The plan relies heavily on state aid, delayed pension payments, and optimistic revenue projections.
Mayor Zohran Mamdani wants to raise income taxes on New York City’s millionaires. Tax increases elsewhere have not led to an exodus, but some worry the city is reaching a tipping point.
The city’s lottery system for affordable apartments is called Housing Connect, but it too often fails to match New Yorkers ...
Mayor Zohran Mamdani is set to officially scrap his plans to raise property taxes on New York City homeowners, according to a ...
Mayor Mamdani wants rich New Yorkers to have to pay more in personal income taxes, but Governor Hochul said she won’t ...
The ink isn’t even dry on New York City’s proposed pied-à-terre tax — and one Miami Beach tower is already counting the money ...
The proposal – $3 billion less than the preliminary version – focuses on fully funding existing city programs and avoids ...