NYC Property Tax Increase Hearings

[Ralph Yozzo]

They are coming for your property tax and property. 

Please everyone contact the speaker of the so-called council as soon as you can This is the speaker of the council phone number (212) 788-7210

It appears that our speaker does not want to raise property taxes. 

The New York City Council is currently in the middle of a high-stakes debate regarding property taxes. As of February 18, 2026, the discussion is centered on Mayor Zohran Mamdani’s preliminary budget proposal, which includes a potential 9.5% property tax increase as a "last resort" measure to close a $5.4 billion budget gap.

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The City Council, led by Speaker Julie Menin and Finance Chair Linda Lee, has publicly opposed this increase, calling it a "nonstarter" given the current affordability crisis.

Scheduled Hearings & Locations

The primary venue for these discussions is the Committee on Finance. While specific "Property Tax" hearings are often folded into broader Preliminary Budget Hearings, here is where you can find the action:

• Preliminary Budget Hearings: These typically run from late February through March. The Council is expected to release its own revenue projections and a formal hearing schedule shortly.

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• Key Location: Most hearings take place at City Hall (Council Chambers or Committee Room) or at 250 Broadway, 16th Floor.

• Relevant Upcoming Meetings:

  • February 24, 2026 (1:30 PM): City Council Stated Meeting (Council Chambers, City Hall).

  • March 2026: A series of agency-specific budget hearings (including the Department of Finance) will be held. Check the Official NYC Council Calendar for the specific date of the Finance Committee's budget review.

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How to Track and Participate

If you want to voice your opinion on the proposed 9.5% increase, you can participate in the following ways:

Action	Details
View Calendar	Visit the NYC Council Legistar to see the full list of upcoming Finance and Budget hearings.
Register to Testify	You can sign up to speak at council.nyc.gov/testify. Registration for virtual testimony usually opens 24 hours before the hearing.
Submit Testimony	Written comments can be emailed to test...@council.nyc.gov up to 72 hours after a hearing concludes.
Live Stream	Hearings are broadcast live on the NYC Council website.

Legislative Focus

Keep an eye on Introduction 0216-2026, sponsored by Council Member Kamillah Hanks. This bill aims to increase transparency and accountability in the real property tax assessment process and is currently being discussed within the Committee on Finance.

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Would you like me to find the specific date for the Department of Finance's budget hearing once the March schedule is finalized?