New York Focus

Mamdani Declares Victory As Hochul Helps City Close Budget Gap

New York City’s $125 billion executive budget hinges on taxes and cuts whose details are still being worked out in Albany.

Mamdani says $124B budget taxes the rich, but plan leans heavily on state aid, pension restructure

The budget was balanced with significant help from the state, including an additional $500 million in yearly revenue from the ...
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Zohran Mamdani’s budget is a step in the right direction

When New York Governor Kathy Hochul announced on Monday, the same day the New York City budget was unveiled, that she was ...

Inside The $124.7 Billion Budget That Will Define Mamdani’s First Term

Mamdani’s $124.7 billion NYC budget closes a major gap with state aid, a pied‑à‑terre tax and pension shifts that could ...

Zohran Mamdani closed New York's $12 billion deficit — but not the way he promised

Zohran Mamdani's $12 billion deficit has officially been closed in New York City's latest budget deal. Still, the headline victory is already colliding with a more complicated reality behind the ...

'We're both from the same city': How Mamdani and Trump's relationship has evolved over time

Trump threatened to cut federal funding to NYC as Mamdani ran for mayor. Since then, the two have gotten along surprisingly well.

Mamdani’s Opponents Raise More Than $1 Million to Fight His Agenda

The new group, which will be led by Jim Walden, a lawyer who ran for mayor last year, will run attack ads and be prepared to ...