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Top 3 new york city News Today

#1
Ken Griffin poised to pay extra $1.4M in taxes for NYC properties thanks to Mamdani’s pied-à-terre tax: report
#1 out of 3
business1d ago

Ken Griffin poised to pay extra $1.4M in taxes for NYC properties thanks to Mamdani’s pied-à-terre tax: report

  • Ken Griffin is expected to pay an additional $1.3–$1.4 million annually under New York City's pied-à-terre tax.
  • The pied-à-terre tax targets second homes worth at least $1 million, with rates from 4% to 6.5%.
  • Griffin owns the 220 Central Park South penthouse, bought for about $238 million in 2019.
  • City officials estimate the pied-à-terre tax could generate $340–$500 million in annual revenue.
  • Critics warn the tax could slow luxury housing sales and reduce city revenue if buyers pull back.
  • The tax was passed as part of the state budget with support from Mayor Mamdani.
  • Griffin criticized the tactic Mamdani used in a viral Tax Day video.
  • Other high-profile owners like Jeff Bezos could also be affected by the new tax.
  • The policy could shift wealthy residents' behavior, potentially reducing luxury investment in New York.
  • Mayor Mamdani framed the tax as part of a 'tax the rich' agenda during a viral video.
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#2
Adams gives NY GOP gov hopeful Blakeman tips on NYC campaigning, doesn’t rule out endorsement
#2 out of 3
politics1d ago

Adams gives NY GOP gov hopeful Blakeman tips on NYC campaigning, doesn’t rule out endorsement

  • Adams and Blakeman met for breakfast in Manhattan to discuss Blakeman’s campaign and policy ideas.
  • The breakfast at the Loews Regency Hotel followed Blakeman’s push to connect with voters outside traditional party lines.
  • Blakeman welcomed Adams’ potential support as he pursues the governorship.
  • Adams did not definitively endorse Blakeman, saying the conversation could be the start of a discussion.
  • Blakeman emphasized concerns about housing and costs as part of his statewide message.
  • The meeting signaled possible cross-party collaboration as Hochul’s administration faced criticism.
  • Adams highlighted the need for affordable city living and safety during his remarks.
  • The exchange included remarks about communities in the Bronx, Brooklyn, Queens and Staten Island.
  • The event was part of Blakeman’s broader campaign efforts ahead of the gubernatorial race.
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#3
Mamdani marks Pride Month, says honoring 'queer and transgender' contributions would take more than 30 days
#3 out of 3
politics16h ago

Mamdani marks Pride Month, says honoring 'queer and transgender' contributions would take more than 30 days

  • Mamdani marked the start of June Pride Month with a post emphasizing that honoring queer and transgender New Yorkers would take longer than one month.
  • He cites historical milestones from 1895 to ACT UP! to show how queer and trans communities shaped New York City history.
  • Mamdani told queer and trans neighbors they deserve a city where they can live safely, openly, and joyfully.
  • Fox News coverage highlighted Mamdani's Pride Month remarks alongside responses from other Democratic figures.
  • The remarks align with broader Pride Month messaging from leaders mentioned in Fox News coverage.
  • NYPD Commissioner’s participation in an Israel parade is noted in the coverage as part of related Pride Month events.
  • The story includes historical references to Pride and LGBTQ+ activism in New York City.
  • The article ties Mamdani’s comments to a broader national Pride Month discourse.
  • The post also includes the Democratic National Committee’s Pride message.
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