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Mamdani to Suspend NYC’s Tax Lien Sale Program

Mamdani to Suspend NYC’s Tax Lien Sale Program

Mayor Zohran Mamdani plans to halt New York City’s tax lien sale program and might consider ending the practice. The program began in 1996 and involves the sale of property owners’ unpaid tax liens and water debt at a discount to a private investor-backed trust, which...

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