NYTIMES | New York
A $12.6 Billion Budget Gap May Complicate Mamdani’s Affordability Plans
126亿美元的预算缺口可能使曼丹尼的负担能力计划复杂化

Mark Levine, who took office as New York City comptroller in January, warned that absent significant financial growth, city programs would need to be scaled back.
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The gap amounts to $12.6 billion in this fiscal year and next, which will present a major challenge for Mr. Mamdani. The forecast reflects what Mr. Levine described as a conservative estimate of expenses, one that does not include a further expansion of a housing subsidy now tied up in court, new labor contracts or ramifications from a potential bursting of the “A.I. bubble,” as he put it.
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