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By Anonymous User · February 18, 2026

Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed  The New York TimesMayor Zohran Mamdani presents preliminary budget for NYC a day after Gov. Kathy Hochul promised more funds  ABC7 New YorkMamdani unveils property tax increase he doesn't want, daring Hochul to offer alternative  Crain's New York BusinessMamdani threatens 'last resort' property tax hike on middle class if state won't play ball on wealth tax  Business InsiderState giving $1.5 billion to NYC to help fix massive budget gap  CBS News