Zohran Mamdani, NYC council boss team up to squeeze more dough out of Albany — putting Hochul on hot seat again
New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin are jointly urging state leaders to provide more financial support to the city, including by reducing a tax credit for high earners, but Governor Kathy Hochul has rejected the requests. The push comes as the city faces a multibillion-dollar budget gap and seeks a 'structural reset' in its funding relationship with Albany. Hochul maintains the state has already provided significant aid and refuses to alter the Pass-Through Entity Tax credit. The standoff highlights political tensions ahead of the state budget finalization.
Opening excerpt (first ~120 words) tap to expand
Metro Zohran Mamdani, NYC council boss team up to squeeze more dough out of Albany — putting Hochul on hot seat again By Vaughn Golden, Hannah Fierick, Craig McCarthy and David Propper Published April 28, 2026, 6:13 p.m. ET Mayor Zohran Mamdani joined forces with City Council Speaker Julie Menin to try to squeeze more dough out of Albany — a plea that an increasingly peeved Gov. Kathy Hochul rejected Tuesday. Hochul was forced to answer questions about forking over more money to help bail out the Big Apple shortly after the lefty Mamdani and moderate Menin called to peel back a tax credit as the city struggles to fill a projected multibillion dollar budget gap.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.
Discussion
0 commentsMore from New York Post
