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Mayor Mamdani unveils $124.7B city budget, nixing plan to hike property taxes

After months of negotiations and a wide range of proposals on how to close a $5.4 billion deficit, the mayor's first executive budget is not expected to include a property tax hike or draining of the reserve 'rainy day' funds, according to sources.

Power & Politics: Small businesses struggling in NYC; Timeline to close Rikers and open borough-based jails

News 12's Heather Fordham sits down with David Estrada, the executive director of the Sunset Park Business Improvement District, Darren Mack, co-director of the Freedom Agenda, and Tara Brown-Arnell, director of BronxConnect.