Real estate experts blast Mamdani’s math-defying tax plan, warn of higher rents and flight
- Posted on February 19, 2026
- By Google News
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Real estate experts blast Mamdani’s math-defying tax plan, warn of higher rents and flight

NYC Mayor Mamdani threatens a 9.5% property tax hike to close a $5.4 billion budget gap unless Albany taxes the ultra-wealthy, sparking real estate market concerns.