NYC Mayor Mamdani says either the wealthy get taxed or property taxes will go up
Mamdani's tax-centric new fiscal plan seeks to close a multibillion budget gap with two choices: sock it to the rich or sock it to property owners.
Watch CBS News
Mamdani's tax-centric new fiscal plan seeks to close a multibillion budget gap with two choices: sock it to the rich or sock it to property owners.
Watch the full news conference in which NYC Mayor Zohran Mamdani discussed a multi-billion dollar gap in the city's finances, and called for raising the taxes on the wealthy and most profitable corporations.
Civil rights leader and Brooklyn-native Al Sharpton made it clear Jesse Jackson's legacy will extend far beyond Tuesday during a news conference. CBS News New York's Allen Devlin reports.
New York City Mayor Zohran Mamdani and Gov. Kathy Hochul said the state will give $1.5 billion to the city to help address a massive budget gap.
New York City Mayor Zohran Mamdani will release his first budget plan on Tuesday afternoon, and many are wondering if he still wants to tax the city's wealthiest residents. CBS News New York's Christina Fan reports.
We first told you about the plans back in 2024, when Mayor Adams made the announcement, but if the new administration gets on board, some neighbors say they won't. CBS News New York's Hannah Kliger reports from Mount Prospect Park.
However, when Mayor Mamdani unveils his first budget on Tuesday, will he still try to tax the rich? CBS News New York's Marcia Kramer has the story.
New York Gov. Kathy Hochul and New York City Mayor Zohran Mamdani announced $1.5 billion will be allocated to the city over the next two years to help fix the massive budget shortfall.
New York Gov. Kathy Hochul and New York City Mayor Zohran Mamdani announced $1.5 billion will be allocated to the city over the next two years to help fix the massive budget shortfall.
CBS News New York's Allen Devlin has more on the new investment for the popular Brooklyn neighborhood.
Mamdani signed the certificate of incorporation forming the Coney Island Business Improvement District at the entrance to Deno's Wonder Wheel.
Political analyst J.C. Polanco and consultant O'Brien Murray evaluate the first weeks of the Mamdani administration on "The Point with Marcia Kramer."
The New York State Legislature is back in session and Mayor Zohran Mamdani has a lot of big asks for New York City. What happens when ideology meets reality?
The mayor announced the plan to redesign Fordham Road was back on during a comically tight press conference aboard an MTA bus.
Mamdani announced the traffic plans were back on during a comically tight press conference aboard an MTA bus. CBS News New York's Ali Bauman reports.
Minneapolis Mayor Jacob Frey met with New York City Mayor Zohran Mamdani at City Hall on Thursday.
Nineteen people died in New York City during a recent snap of brutally cold weather that lasted more than three weeks, according to officials.
New York City Mayor Zohran Mamdani is seeking Albany lawmaker approval for his agenda, including an increase on taxes on the wealthiest New Yorkers and businesses.
They call it "Tin Cup Day" in Albany – when local leaders head to the Capitol looking for money. New York City Mayor Zohran Mamdani was there, pitching a newly revised budget outlook for the city. CBS News New York's Dick Brennan reports.
Seven more New Yorkers were confirmed to have died primarily from hypothermia since Jan. 19, officials said.
New York City Mayor Zohran Mamdani announced the date and times of his five borough "Rental Ripoff Hearings."
Eighteen people have died as of Monday during the brutal cold weather in New York City, said Mayor Zohran Mamdani. The mayor announced efforts to expand access to shelters and warming centers.
More than a dozen lives have been lost since the bitterly cold temperatures invaded the city more than two weeks ago. CBS News New York's Adi Guajardo reports.
Mayor Zohran Mamdani issued an executive order he says will protect New Yorkers from "abusive immigration enforcement" by the Trump administration.
New York City and the Tri-State Area are preparing for what is expected to be the coldest weather of the season so far this weekend.