New York
New York lawmakers approve second-home tax in state Budget
It takes effect on Jul 1, with the goal to generate US$500 million
Mamdani’s plan aims to shore up housing authority and build affordable homes
The New York City mayor proposes spending US$22 billion on the sector over the next five years
Can a second home tax work in New York? The numbers don’t add up yet
The tax proposal is being held up as a generational attempt to make the ultrawealthy pay more to society
New York mayor says second-home levy plan is key step to tax the rich
The state’s governor Kathy Hochul has said the tax would cover about 13,000 properties
A US Navy veteran finds his niche in the art world
It took courage for Walter Price to move to New York and pursue a career as a painter, but he says his dream has come true
A fight is brewing over building housing in place of a NoHo parking lot
Local residents say the project clashes with the neighbourhood’s aesthetic identity
Storm paralyses travel, forcing more than 8,000 US flight disruptions
A powerful blizzard has dropped over 76.2 cm of snow across parts of the US North-east
Mamdani threatens NYC property tax hike as last-resort option
But Governor Kathy Hochul hasn’t budged on her refusal to raise levies on corporations and wealthy residents
Trump offered to unfreeze funding for NYC tunnel if Dulles airport, train station renamed for him: source
Trump has shown a fondness for buildings or programmes being named after him
London retains top spot in own global financial centre survey for sixth year
Singapore came in third place again
