Mayor Zohran Mamdani faces some hurdles to get his housing plan and pied-à-terre tax through Albany.
The housing plan, we keep hearing, is coming soon. A major issue will be how he intends to build 200,000 affordable homes over the next 10 years with union labor.
His mayoral campaign’s housing plan called for borrowing $70 billion, for which the city would need state authorization. That doesn’t jibe with what Gov. Kathy Hochul said during her state of the state speech in January:…