Mamdani is out of touch with impact of real estate taxes to city coffers, REBNY report shows
May 17, 2026
Real estate industry-generated tax revenue rose to a record $39.6 billion in fiscal 2025, accounting for nearly 50% of locally generated tax revenue and up from the previous year’s $37 billion.
https://nypost.com/2026/05/17/business/mamdani-is-out-of-touch-with-impact-of-real-estate-taxes-to-city-coffers-rebny-report-shows/
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