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  "path": "/2026/05/12/nyregion/mamdani-budget-nyc.html",
  "publishedAt": "2026-05-12T19:56:07.000Z",
  "site": "https://www.nytimes.com",
  "tags": [
    "Budgets and Budgeting",
    "Property Taxes",
    "New York City",
    "Mamdani, Zohran",
    "Pensions and Retirement Plans",
    "Hochul, Kathleen C"
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  "textContent": "A generous influx of state resources from Gov. Kathy Hochul and a new tax on luxury second homes will help Mayor Zohran Mamdani balance a $125 billion budget.",
  "title": "How Mamdani and Hochul Are Solving New York City’s Budget Crisis"
}