NYC comptroller gives thumbs up to proposed pied-à-terre tax
New York City Comptroller Mark Levine is giving a thumbs up to Gov. Kathy Hochul and Mayor Zohran Mamdani's proposed pied-à-terre tax. His approval, however, comes with several caveats.
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New York City Comptroller Mark Levine is giving a thumbs up to Gov. Kathy Hochul and Mayor Zohran Mamdani's proposed pied-à-terre tax. His approval, however, comes with several caveats.
As CBS News New York's Marcia Kramer reports, the comptroller says a tax on the second homes of the rich can raise the money Gov. Hochul and Mayor Mamdani project, but there are some caveats.
New Jersey Gov. Mikie Sherrill, on the job for a little over a month, called for major cuts during her first budget address Tuesday.
The median property tax bill in the U.S. soared 30% between 2019 and 2024, compounding the financial pressures on millions of Americans.
CBS News New York's Marcia Kramer spoke with homeowners about Mayor Zohran Mamdani's threat of a huge property tax hike.
New York City-area Republican members of Congress were able to include a huge increase in property tax deductions in the so-called "big, beautiful bill" passed on Thursday.
CBS News New York's Marcia Kramer has the details on the victory for homeowners in the Tri-State Area.
It looks like a tentative deal has been brokered on Capitol Hill to provide a new SALT cap, increasing the state and local tax deduction from $10,000 to $40,000.
Parents were expected to gather in Middletown, N.J. on Wednesday night to hear more about ways to balance the budget to avoid school closures.
Two nights after the Democrats held a debate, four Republicans vying for the party's nomination got together at Rider University in Lawrenceville.
Nick Lalota and two other New York congressmen are part of a movement to end the SALT cap.
Long Island Congressman Nick Lalota is part of a group planning to hold up the nation's tax bill if the cap is not nixed. CBS News New York's Carolyn Gusoff reports.
Many seniors say increasing rents and high property taxes are why they're being pushed out of the state.
The state has the highest property taxes in the nation, but lawmakers say they have a plan to cut the cost in half. CBS2's Christine Sloan reports.
Annual property taxes on single-family homes rose 3.6% last year, with the typical homeowner paying nearly $4,000 a year.
Approximately 1.7 million residents applied for the state's ANCHOR program by the Feb. 28 deadline.
The governors says more than 1.7 million applied for the state's ANCHOR program.
Wragge asks the governor about his plans for affordable living, congestion pricing, car theft and more in New Jersey.
The New York Yankees survived another shaky performance by David Bednar to beat the Toronto Blue Jays 7-6 Monday night at Yankee Stadium.
The Mets became the first National League team to score at least 10 runs in an extra inning since the 1919 Cincinnati Reds.
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
A report from the NYC Department of Aging shows 15% of 8,600 older adults surveyed admitted to experiencing some form of elder abuse.
If history is any indication, the LIRR strike has potential to derail Democratic Gov. Kathy Hochul's bid for reelection.
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
A report from the NYC Department of Aging shows 15% of 8,600 older adults surveyed admitted to experiencing some form of elder abuse.
If history is any indication, the LIRR strike has potential to derail Democratic Gov. Kathy Hochul's bid for reelection.
A horse carriage overturned in Central Park on Monday afternoon. One person was hurt, according to the FDNY. The two horses involved in the incident are said to be OK.
A New York judge ruled Monday on whether evidence found in Luigi Mangione's backpack during his arrest can be used during his state trial.
The weekend is set to be the warmest of the year so far with summer-like weather across the Tri-State Area.
Keep an umbrella nearby as there's a chance for showers across the New York and New Jersey area. But the weather will turn to sunshine and warm temperatures for the weekend.
The weather on Wednesday will be a mix of sunshine and clouds with the potential for a shower in New York City. In the evening, rain becomes more widespread.
An unsettled pattern continues through the entire Mother's Day weekend in the New York City area.
After summer-like warmth, rainy weather and cooler temperatures return to the New York City area mid-week.
New Jersey wants to help bars and restaurants cash in on the FIFA World Cup by letting them sell more alcohol during the 39-day tournament.
Research conducted by one of New Jersey's largest credit unions found a trip down the Jersey Shore is going to cost 11% more this year on average.
The driver of a Jeep was killed when their vehicle struck a tanker truck on I-287, causing both vehicles to go up in flames, New Jersey State Police said.
With just weeks to go before the primary, voters in New Jersey's 7th Congressional District are wondering where their congressman is.
Macy's Fourth of July Fireworks will take place on both the lower East River near the Seaport and the lower Hudson River, in collaboration with Jersey City.
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
If history is any indication, the LIRR strike has potential to derail Democratic Gov. Kathy Hochul's bid for reelection.
LIRR commuters are taking shuttle buses and subways into New York City as the largest commuter rail system in North America remains shut down.
With the LIRR strike entering its third day, the MTA and union leaders will resume talks at 7:30 a.m. Monday.
A summertime weather pattern has moved into the New York Area, bringing potentially record-high temperatures.
If history is any indication, the LIRR strike has potential to derail Democratic Gov. Kathy Hochul's bid for reelection.
New York City's second city-run grocery store will be in the Bronx, Mayor Zohran Mamdani and city officials announced Monday.
Alex Bores has a master's degree in computer science, but for some reason tech titans are trying to stop his campaign in New York's 12th Congressional District.
While the LIRR work stoppage has caused a mess for people heading to weekend events, the real concern is Monday morning's commute.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Thousands of people showed up bright and early for AIDS Walk New York 2026, the largest HIV and AIDS fundraiser in the U.S., in Central Park on Sunday.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
New York Gov. Kathy Hochul proposed millions to keep the program open, but the reforms would cut reimbursement rates for private duty nurses.
A New York native is among 16 American passengers who are quarantining in Nebraska after being on the cruise ship that is at the center of the deadly hantavirus outbreak.
American passengers on the MV Hondius cruise ship, which was hit with a deadly outbreak of the hantavirus, are back in the U.S. Three of the at least 10 people confirmed infected in the outbreak have died.
The well-known film critic and journalist Rex Reed has died at 87.
"The Pitt" star Isa Briones is bringing heightened pride and Filipino presence to both stage and screen.
Broadway's "The Book of Mormon" has canceled two weeks of performances following a fire at the Eugene O'Neill Theatre.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
The New York Yankees survived another shaky performance by David Bednar to beat the Toronto Blue Jays 7-6 Monday night at Yankee Stadium.
The Mets became the first National League team to score at least 10 runs in an extra inning since the 1919 Cincinnati Reds.
Tyrone Taylor hit a game-tying three-run homer off All-Star closer David Bednar with two outs in the ninth as the Mets rallied to defeat the Yankees in 10.
Luke Weaver escaped a bases-loaded, no-outs jam against his former team as the Mets beat the Yankees Saturday night to even the Subway Series.
Anunoby has the maximum amount of time to rest before Game 1 of the NBA Eastern Conference finals.
Ahead of the 2026 RBC Brooklyn Half Marathon, some athletes are showing how simply reaching the starting line is a victory.
The Second Avenue Subway project has entered phase two of extending the "Q" line, but Harlem businesses say they're struggling to co-exist with the construction.
City Council members say requirement for transparent roll-down gates is burdensome for small businesses ahead of the July 1 enforcement deadline.
For more than four decades, residents living beside Brooklyn's District 13 Sanitation Garage in Coney Island have been waiting for the facility to move away from their homes.
There's a swim club in Harlem teaching kids a lifesaving skill, and they're turning timid swimmers into competitors.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A horse carriage overturned after colliding with another horse in Central Park, sending a carriage driver to the hospital. CBS News New York's Allen Devlin reports.
The Open Bionics prosthetic system is designed for people who are without limbs above the elbow.
The $900 million proposal would have expanded the Cross Bronx Expressway by 50 feet in an effort to ease traffic.
Lonnie Quinn has the Tri-State Area's updated nightly forecast on CBS News New York.
Young children were escorted from the San Diego Islamic center after two teenaged gunmen stormed the mosque. CBS News New York's Dick Brennan reports.
