New York Mayor Zohran Mamdani Balances $124.7B Budget Without Raising Property Taxes
New York City Mayor Zohran Mamdani, 34, has closed a $12 billion budget gap for fiscal year 2027 with a $124.7 billion proposal. The plan funds childc...
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NYC’s pied-à-terre tax debate: Wealthy oppose levy while advocates push for billionaire taxes
New York lawmakers are weighing a pied-à-terre tax on second homes worth $5M+, part of a broader push to tax the rich. Vornado CEO Steven Roth called...
Billionaire Steve Roth Calls "Tax the Rich" Hate Speech, Sparks Outrage Over Inequality Debate
Real estate mogul Steve Roth sparked controversy by equating the phrase "tax the rich" with hate speech, comparing it to racial slurs during a quarter...
Billionaire Ken Griffin Slams NYC Mayor Mamdani Over $239M Penthouse Tax Video
NYC Mayor Zohran Mamdani targeted billionaire Ken Griffin’s $239 million penthouse in a viral video promoting a new tax on non-primary luxury properti...