Jersey City to choose between property tax hike or mass layoffs, mayor says
Jersey City Mayor James Solomon is now lowering a proposed tax hike from 20% to 15%, but many residents says it's still a painful pill to swallow.
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Jersey City Mayor James Solomon is now lowering a proposed tax hike from 20% to 15%, but many residents says it's still a painful pill to swallow.
However, many residents say a 15% increase is still a painful pill to swallow. CBS News New York's Christine Sloan reports.
The anticipated pain of a massive property tax increase in Jersey City has been alleviated somewhat.
Instead of 20%, residents could see a 15% tax hike, the mayor said Monday, after the city secured $120 million in aid from the state of New Jersey. CBS News New York's Allen Devlin reports.
Jersey City residents are fired up and frustrated, as city leaders reconsider a proposed property tax hike that could raise bills by about 20%.
Jersey City Mayor James Solomon says his city's $255 million budget shortfall was caused by the shortfalls of the previous administration.
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.
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Nick Lalota and two other New York congressmen are part of a movement to end the SALT cap.
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Many seniors say increasing rents and high property taxes are why they're being pushed out of the state.
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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 man who shot and killed Monroe University basketball player Amira McLeod has been sentenced to 20 years to life in prison.
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New Yorkers who buy their own health insurance could pay more as insurers file requests with the State Department of Financial Services to increase premiums.
The NYPD touted progress in its fight against illegal guns in New York City Tuesday, announcing that so far this year more than 3,000 guns have been seized so far this year.
A mother and child were hit by a car Tuesday morning in New Jersey, according to police.
The man who shot and killed Monroe University basketball player Amira McLeod has been sentenced to 20 years to life in prison.
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The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Monday will be a First Alert Weather Day due to the possibility of afternoon and evening thunderstorms and high heat indices near 100 degrees.
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A mother and child were hit by a car Tuesday morning in New Jersey, according to police.
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The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Residents of a Newark apartment complex got a startling wakeup call Sunday morning when police in tactical gear, responding to reports of multiple people shot, stormed their building.
The man who shot and killed Monroe University basketball player Amira McLeod has been sentenced to 20 years to life in prison.
The man who shot and killed Monroe University basketball player Amira McLeod has been sentenced to 20 years to life in prison.
A car plowed into a road crew on Long Island Monday morning, killing one worker and seriously injuring two others, Suffolk County police said. CBS News New York's Carolyn Gusoff reports.
A construction worker was killed and two others were injured when they were struck by a vehicle in Nesconset on Monday morning, Suffolk County police said.
The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Back in March 1994, Yossi Spalter traveled on a van with his Yeshiva classmates from Manhattan to Crown Heights over the Brooklyn Bridge. The trip changed his life.
A judge on Staten Island has temporarily blocked implementation of New York City's new pied-à-terre tax.
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New Yorkers who buy their own health insurance could pay more as insurers file requests with the State Department of Financial Services to increase premiums.
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The New York Hotel and Gaming Trades Council claims The High Line Hotel tested positive for Legionella bacteria twice this summer.
Several lawsuits were announced Thursday against New York City and others connected to a deadly 2025 Legionnaires' outbreak in Harlem.
Gov. Kathy Hochul signed new legislation Wednesday to strengthen inspections on cooling towers in New York City.
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The humidity is keeping the storm threat in the NYC area, with the potential for showers in the afternoon and evening. CBS News New York Meteorologist Tony Sadiku has the forecast.
Rescue efforts continue as crews search for survivors after the strongest earthquake to ever hit the South American country. CBS News New York's Jessica Moore reports.
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The man who shot and killed Monroe University basketball player Amira McLeod has been sentenced to 20 years to life in prison.