Mayor Zohran Mamdani’s proposed 9.5 property tax hike if enacted would zap Big Apple residents twice by also raising their electric and gas utility bills, The Post has learned.

The mayor revealed his proposal Tuesday to raise property taxes for the first time in over two decades as an option to ...

Apartment landlords and renters face the toughest hit, while luxury condos would be relatively spared if property levies ...

Mamdani threatened a 9.5% property tax increase for homeowners, receiving pushback from Black residents saying it would push ...

Mayor Zohran Mamdani on Tuesday gave Gov. Kathy Hochul an ultimatum, saying that if the governor doesn’t raise taxes on the wealthiest New Yorkers and corporations, despite her continued ...

New York City Mayor Zohran Mamdani has said the city is facing a dire budget crisis, but his proposed fix is causing an ...

New York City Mayor Zohran Mamdani is taking heat from Queens homeowners after floating the prospect of a property tax hike to balance the city budget.

Hochul said she is not frustrated with the mayor but instead believes she can negotiate a final budget agreement.

New York City Mayor Zohran Mamdani is calling for the Empire State to hike taxes on corporations and wealthy individuals in order to address the Big Apple's budget deficit, warning that the ...

NYC Mayor Mamdani proposed a 9.5% property tax hike to address a $5 billion budget gap, facing criticism and suggestions for alternatives.

That would mean higher taxes on more than 3 million houses, condos and cooperative apartments, and 100,000 commercial ...

NEW YORK, NEW YORK - NOVEMBER 05: Mayor-Elect Zohran Mamdani speaks during a press conference at the Unisphere on November 05, 2025 in the Queens borough of New York City. Mamdani won the mayoral ...