STATEN ISLAND, N.Y. — Mayor Zohran Mamdani recently convened city and state lawmakers for a series of private meetings to let them know he was “highly unlikely” to pursue his threatened property tax increase, according to a report by the New York Times.
Five weeks after floating the potential hike, the mayor has begun to “quietly retreat” from the concept, the Times reported.
The proposal, intended as leverage to pressure Gov. Kathy Hochul into raising income taxes on the wealthy, instead sparked immediate resistance from both left-leaning allies and centrist Democrats, according to the report…