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