Mamdani seeks Albany’s help as NYC faces a widening budget hole
New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin called on state leaders to provide more revenue and financial relief as the city worked to close a multibillion-dollar budget gap. The unusual joint appeal came while Gov. Kathy Hochul and state lawmakers were still negotiating New York’s
NYC weighs a new tax on private jets as revenue pressures grow
New York’s growing efforts to raise revenue from wealthy residents have started a new debate over whether private aviation could eventually become another target. The discussion followed the adoption of a tax on certain luxury second homes in New York City. An aviation executive argued that similar policies could eventually
Rising ICE arrests trigger a closer look at NYC courthouse policies
Federal immigration arrests increased sharply across New York City after President Donald Trump returned to office, placing new attention on enforcement activity at courthouses. A city audit found that Immigration and Customs Enforcement arrested 5,567 people in the New York City area between January 20, 2025, and March 10, 2026.
Why living in New York now costs far more than most Americans expect
New York City has always carried a reputation for being expensive, but the latest cost-of-living numbers show just how wide the gap has become. According to Apartments.com cost-of-living data, New York’s overall cost of living is 136.3% higher than the national average, while housing is 404% higher. That means the
New York luxury home tax puts Mamdani’s affordability agenda in the spotlight
New York City’s luxury home tax fight has become a test of how far local leaders can go in asking wealthy property owners to help fund public services without weakening the city’s appeal to investors and high-income residents. The debate centers on a pied-à-terre tax backed by Mayor Zohran Mamdani
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