I have a proposition for the real estate industry and our fearless leaders. Here’s the situation: Mayor Zohran Mamdani is looking to spend more money, not less, but the city is projected to finish its fiscal year June 30 some $2.2 billion in the red. Next year’s gap is $10.4 billion. In Albany, revenue has been strong enough for Gov. Kathy Hochul to start funding a massive child care program without new taxes, but she needs more to ramp it up and pay for other priorities, such as housing. Where will they find the cash? One place could be gambling […]

This article originally appeared on The Real Deal. Click here to read the full story.