Property Tax

New York Governor Kathy Hochul is criticizing the decisions of Mayor Zohran Mamdani, specifically the imposition of a special tax on luxury homes used as secondary residences. According to a report in The New York Times, the numerous reactions within the business sector have caused her concern.

The petition was filed following a 16-fold increase in property tax on a water facility in the Hof Ashkelon Regional Council. Mekorot warns that without intervention, other local authorities will follow suit, and demands to set a uniform property tax rate for all water facilities in the country.