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What Mamdani’s proposed 9.5% property tax increase could mean for New Yorkers — even renters
Feb 20, 2026
new york city mayor says there are two options to solve the problem. he says the city is facing a dire budget crisis, but his proposed fix is causing an uproar. there have been no signs Gov. Kathy Hochul is willing to budge on opposition.
Source: nbcnewyork.com