New Yorkers could be facing a "one-two wealth destruction punch" if Mayor Zohran Mamdani’s rent freeze and tax hikes take effect, economists warn.Mamdani’s housing plan, a campaign promise aimed at addressing affordability, includes an immediate freeze on roughly 2 million rent-stabilized apartments. Separately, his broader $127 billion budget agenda calls for higher taxes on wealthy residents and corporations, as well as a potential 9.5% property tax increase if state lawmakers decline to act.In the nation’s largest city and a global financial center, the outcome of Mamdani’s proposals could...

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