Dossier
universal childcare initiative
Coverage of universal childcare initiative in the Nexus archive.
- Editorial | Here’s how NYC can tackle the next big budget hole
New York City faces a $6-$8 billion budget deficit for FY2028, prompting Mayor Zohran Mamdani to direct city agencies to cut budgets by 2.5% through efficiency measures. The city seeks additional resources, including potential state aid and the pied-a-terre tax on luxury second homes, but these may not suffice to close the gap.