Weekly News Roundup – May 18th, 2026

Pared-down NYC affordable housing bill makes a comeback - Gothamist

City Council progressives again push once-vetoed housing bill - NY1

Mamdani Shortens Affordable Housing Approval Process - Our Town

New second home tax also opens door to future city property tax structure overhaul - NY1

LIRR could reopen a day after strike deal is reached, MTA chair says - NY1

New Bus Lane Coming To Lexington Avenue - Patch

Neither fast nor free: MTA fare crackdown slows some buses - Gothamist

Changes Coming To Subway Rush Hour Service, MTA Says - Patch

East 93rd Street Sinkhole Repair to Force Esplanade to Close Again - Our Town

LPC To Review Proposal For Central Park Signage - YIMBY

Mamdani becomes latest mayor hoping to fix NYC's special education system - Gothamist

Mamdani expected to secure 2-year mayoral control extension and class-size delay in state budget - Chalkbeat New York

NYC PTA funding inequities: See how much your school’s PTA raises - Chalkbeat New York

Menin Reveals Winners of $1.85M Jackpot: 19th Pct., 5 Libraries, 3 Schools, 1 Fire House - Our Town

Mayor Zohran Mamdani Releases $124.7 Billion Executive Budget for Fiscal Year 2027 - Mayor’s Office

New York lawmakers pass 12th state budget extender that runs though May 18 - NY1

Most New Yorkers are falling short of covering living costs by $40K a year: Report - Gothamist

A Major Museum Mile Merger Is In The Works - Patch