Mamdani Pushes for Taxes on Wealthy New Yorkers to Fill Gap (2)

Mayor Zohran Mamdani is amping up pressure on Governor Kathy Hochul to hike taxes for the richest residents and corporations, asking the state to send billions more in aid to New York City as he faces mounting budget holes.

Mamdani, the newly-sworn in democratic socialist, is arguing additional money from the state is necessary because the city faces a fiscal “crisis” created by his predecessor Eric Adams and by a push from former Governor Andrew Cuomo to shift costs from the state onto the city. Both Cuomo and Adams ran against Mamdani in last year’s mayoral election.

Zohran Mamdani speaks during a news conference during a winter storm in New York on Jan. 26.

Photographer: Michael Nagle/Bloomberg

Over two ...