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How New York City Is Solving Its Budget Crisis

TNYT·2h ago·3 min read
Photograph via The New York Times
RSS SUMMARY · AGGREGATED FROM TNYT

A generous influx of state resources from Gov. Kathy Hochul and a new tax on luxury second homes will help Mayor Zohran Mamdani address a projected $5.4 billion deficit.

A generous influx of state resources from Gov. Kathy Hochul and a new tax on luxury second homes will help Mayor Zohran Mamdani address a projected $5.4 billion deficit.

A generous influx of state resources from Gov. Kathy Hochul and a new tax on luxury second homes will help Mayor Zohran Mamdani address a projected $5.4 billion deficit.

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