NYC Mayor Mamdani Announces Balanced FY 27 Budget

New York City Mayor Zohran Mamdani's pied-à-terre property tax is moving ahead. But will it work?

New York is moving ahead with a pied-à-terre property tax in its budget. Existing taxes from around the world's major cities show the limits of the policy.

Mayor Orders Third-party Audit, Crackdown On Bogus Contractors

Nagpur: Mounting complaints over poor-quality civic works have triggered a major review within the Nagpur Municipal Corporation (NMC), with Mayor Neet.

NYC Mayor Mamdani announces balanced FY 27 budget

Facing deficits exceeding $12 billion, among the largest since the Great Recession, New York City Mayor Zohran Mamdani announced on Tuesday that his administration had balanced the budget thanks to a combination of state support, new revenue, and belt-tightening.

Texas Gov. welcomes companies fleeing NYC, Mamdani

New York City's mayor's ultra-progressive policies are driving major corporations out, experts say. Find out more.

I'm committing $1M to stop Mamdani from destroying New York

This plan is about whether New York City remains a place where ambitious people, businesses, investors and employers actually want to stay, grow and build.

Mamdani will scrap plans to raise NYC property taxes to close $5.4 billion budget gap

Mayor Zohran Mamdani is set to officially scrap his plans to raise property taxes on New York City homeowners, according to a City Hall source familiar with the mayor’s plan to close the city’s $5.4 billion budget deficit. Mamdani will present his plans Tuesday, a big test for the Democratic Socialist mayor within his first 150 days in office. The...