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  "path": "/mamdani-floats-property-tax-hike-to-close-nyc-budget-gap/",
  "publishedAt": "2026-02-17T22:59:42.000Z",
  "site": "https://www.6sqft.com",
  "tags": [
    "Policy",
    "Mamdani floats 9.5 percent property tax hike to close NYC budget gap",
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  "textContent": "Mayor Zohran Mamdani said New York City would raise property taxes if Albany doesn’t tax the rich. The mayor on Tuesday released his first preliminary budget, presenting a grim outlook for the city’s fiscal health, including a $5.4 billion budget gap. Mamdani framed the proposed 9.5 percent property tax as a “last resort” if he [...]\n\nThe post Mamdani floats 9.5 percent property tax hike to close NYC budget gap first appeared on 6sqft.",
  "title": "Mamdani floats 9.5 percent property tax hike to close NYC budget gap"
}