New York City paid more than $117 million last year to settle police misconduct lawsuits in cases ranging from the violent arrests of protesters in 2020 to bad police work that led to wrongful ...

Discover why New York, London, and Hong Kong lead the Global Financial Centres Index as the top financial hubs worldwide.

"New York is already ranked last nationally for tax competitiveness ." ...

The additional funding comes after Gov. Kathy Hochul pledged $1.5 billion in extra funds for City earlier in the week.

Mayor Zohran Mamdani is set to lay out his plan to balance New York City’s budget. The mayor estimates the budget gap is ...

It’s up to us to make sure that the light is sustainable.

Politics / The Mamdani Beat / The mayor, the governor, and the members of the city’s big-ticket tax base are all squaring off ...

Rather than increasing taxes on multifamily housing, the city should focus on reforms that align revenue needs with housing ...

Home prices nationwide are up 55% over the past five years, stirring up widespread anxiety about rising assessments and real estate taxes. Here’s what you need to know.

New York’s seven House Republicans are pressing for a face-to-face meeting with Gov. Kathy Hochul to discuss the state’s ...

New York Mayor Zohran Mamdani (D) asked Democratic Gov. Kathy Hochul to raise taxes on the “ultra-wealthy,” citing a “significant chasm” in the city’s $5.4 billion deficit. During a preliminary budget ...