AndronETalksNews

AndronETalksNews

It Begins: Mamdani Plans First NYC Property Tax Hike In Decades To Plug $5 Billion Hole

Zero Hedge

by Tyler Durden
Wednesday, Feb 18, 2026 – 06:55 AM

New York City property owners are set to ‘enjoy’ the first property tax hike in more than two decades as part of a proposed solution by Mayor Zohran Mamdani to fill a roughly $5 billion budget gap, Bloomberg reports.

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