The tax increase would impact over three million homeowners living in NYC’s five boroughs, including those in Cambria Heights, a predominantly Black neighborhood, close to 90%.
Black homeowners in New York City are fuming over Mayor Zohran Mamdani’s threat to raise property taxes by roughly 10% — some saying it would force them out, The New York Post reported.
During Black History Month, Mamdani revealed a 9.5% property tax increase in his record $127 billion preliminary budget proposal for 2027. He pitched it as a “last resort” for raising revenue if Gov. Kathy Hochul refused to approve the income tax hike on New Yorkers making $1 million or more. However, Black homeowners feel the tax increase should not be at their expense…