NYC’s Second-Home Tax Unites Mamdani, Hochul After Budget Fights

Governor Kathy Hochul and New York City Mayor Zohran Mamdani have finally found a tax that they agree on. Getting everyone else on board stands to be more complicated.

By Laura Nahmias, Nacha Cattan, Ben Steverman · Bloomberg Markets

Governor Kathy Hochul and New York City Mayor Zohran Mamdani have finally found a tax that they agree on. Getting everyone else on board stands to be more complicated.