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Statement from Christie Peale, CEO and Executive Director, Center for NYC Neighborhoods, on Mayor Mamdani’s Proposed Property Tax Hike

In response to Mayor Zohran Mamdani’s proposed property tax hike, Christie Peale, CEO & Executive Director, at the Center for NYC Neighborhoods had this to say:

“New York City’s working-class homeowners are the foundation of strong, vibrant neighborhoods across New York. At this moment, Black and brown homeowners are bearing the brunt of increasing scams, rising monthly bills, pressures from extreme weather, the possible re-emergence of the tax liens sale, and more. We must not balance the budget by accelerating the displacement of long-time New Yorkers with increased property taxes. We hope to work with the Administration to strengthen and expand homeownership for working-class New Yorkers.”

Affordability crisisAffordable homeownershipChristie pealeNycProperty taxZohran mamdani

By: Center for New York City Neighborhoods

Feb 18, 2026

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