
Mayor Adams with Budget Director Jiha & Chief of Staff Varlack (photo: Benny Polatseck/Mayor's Office)
When he was running for mayor in 2021, then-Brooklyn Borough President Eric Adams promised that, if elected, in his first year he would "finally" tackle a particularly thorny area of city finance that impacts all New Yorkers: property taxes. As he takes the stage to deliver his second State of the City address on Thursday, the mayor has made no apparent progress on this significant campaign promise.
Virtually everyone agrees New York City's property tax system is irrational and unfair,
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