A proposed law in New York City, introduced by Zohran Mamdani, would bar landlords from charging application fees for credit checks and prevent them from requiring both a credit check and a 40x rent income standard.

Mayor Mamdani's budget proposal for New York City aims to balance the budget, addressing an inherited $12 billion deficit, contingent on the passage of the proposed 'pied-à-terre' tax.

Mayor Zoran Mamdani's budget proposal for New York City aims to balance the budget, which included a $12 billion deficit, by incorporating revenue from the proposed pied-à-terre tax.