NYC landlords slam Mamdani’s threatened property tax hike: ‘Final nail in the coffin’

Mayor Zohran Mamdani’s proposed property tax hike will put the squeeze on small building owners — and could even be the “nail in the coffin” for the city’s rent-stabilized market, critics warned. Small Property Owners of New York, a nonprofit advocacy group, expressed grave concern about Mamdani’s Tuesday warning that he’ll be “forced” to raise...

NYC landlords slam Mamdani’s threatened property tax hike: ‘Final nail in the coffin’
Mayor Zohran Mamdani’s proposed property tax hike will put the squeeze on small building owners — and could even be the “nail in the coffin” for the city’s rent-stabilized market, critics warned. Small Property Owners of New York, a nonprofit advocacy group, expressed grave concern about Mamdani’s Tuesday warning that he’ll be “forced” to raise...