Mayor Zohran Mamdani said his property tax reform plan is imminent. New Yorkers have heard that before. Earlier this week, the government announced its preliminary budget, which included raising the city’s property taxes by 9.5 percent to cover a $5 billion deficit — a move that Mamdani said he would only use as a “tool […]
A few days after Assemblymember Zohran “Rent Freeze” Mamdani won the Democratic primary, which I called a crushing defeat for the real estate industry, I wrote a column outlining some of the ways he could help the industry. Among them were rezoning to add housing, weakening of the members’ respect on the City Council, supporting […]