Today's weather: ☁️ The last day of the year will be chilly, but clear, with a high of 32 degrees. 

Mamdani wants to change the tax code. Here’s what that could look like.

Zohran Mamdani will be sworn in as New York City mayor tomorrow, and some of his big promises include free child care and buses. And he plans to pay for these services by changing the tax code. What could that mean for New Yorkers?

We broke it down.

Here's a look at our other latest headlines:

• Mayor Eric Adams decided he will be attending Zohran Madani’s inauguration
• Will Elizabeth Street Garden developers drop their lawsuit against the city to move forward with another housing contract?
• Police for the first time will conduct a second layer of security screening at the Times Square New Year's Eve festivities this year
• 2025 was one of the lowest years for gun violence in the city’s history
• Here's who Mamdani selected to lead NYC public schools.
• A 15-year-old boy is in critical condition after he was shot in the head early Tuesday at a Brooklyn NYCHA complex
• A federal judge ruled the Trump administration may resume sharing Medicaid data with U.S. Immigration and Customs Enforcement
• A former NYPD captain alleges in a lawsuit that the Adams administration promoted unqualified officers to federal-local task forces
• Minimum wage is going up in both New York and New Jersey in 2026
• Some of Mamdani's new Gracie Mansion neighbors are looking forward to meeting him
• The number of Asian residents in Chinatown dropped by over 20% in the past decade even though the neighborhood saw an overall increase in population

by Emily Nadal

There are some things you can see or experience anywhere, but others will make you say “only in New York.” Here are some of this year’s top moments in the latter category.

• Where else would you see a full-scale model of New York City? 
• The Bronx is home to a huge wholesale fish market that’s attempting to become a premier party venue by day. 
• Several niche museums and exhibits debuted, including one dedicated to photobooths, another to pinball machines and a third which is a display of rare geckos. 
• This video store is not a museum but does have a very vintage feel. 
• This model transformed her Manhattan abode into the Titanic. 
• There are so many ways to make friends in this city, including joining clubs like the Association Association and Gladiator NYC. 
• New York City is a roommate city, which sometimes means lots of drama. What better way to settle feuds than with a TikTok show? 
• The hottest celebrities of the summer? A bunch of baby swans who lived in Prospect Park. 
• Business for this organization that brings classical music performances to crypts and catacombs is booming. 
• Will New Yorkers open their hearts to a replacement for beloved injury attorneys Cellino and Barnes?
• Only in New York can you see the Wall Street Charging Bull statue and make a wish on his testicles.