‘Crisis of historic magnitude': Mamdani says State should help with multi-billion budget gap

New York City Mayor Zohran Mamdani and Council Speaker Julie Menin are urging the State to approve a budget that will help fund the multi-billion budget gap that the city is facing -- while supporting the State in extending its final budget deadline to June. Mamdani and Menin appeared Tuesday in the City Hall rotunda to announce a new agreement to lobby for a $1 billion tax rollback and more State aid. "New York City faces a budget crisis of historic magnitude," Mamdani said Tuesday during a joint press conference. "We've inherited a deficit larger than any since the Great...