Queens Borough President warns NYC property tax hike will displace residents

Name: Queens Borough President warns NYC property tax hike will displace residents
Uploaded: 2026-02-18T18:00:03Z
Duration: 23 s
Description: Queens Borough President Donovan Richards strongly opposes the proposed property tax increase, stating it would push people out of their homes. He emphasizes that such a hike would hinder affordable housing and homeownership, drawing parallels to the negative impacts experienced in Southeast Queens during the 2008 crisis.

Varney & Company · FBN · Feb 18, 2026 · 23sSign Up Now

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Queens Borough President Donovan Richards strongly opposes the proposed property tax increase, stating it would push people out of their homes. He emphasizes that such a hike would hinder affordable housing and homeownership, drawing parallels to the negative impacts experienced in Southeast Queens during the 2008 crisis.