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New York City Mayor Zohran Mamdani is grappling with a significant $7 billion budget deficit. To address this shortfall, the city may consider abolishing free parking, turning it into a potential revenue stream. This decision could impact both local residents and businesses, creating friction between the government and taxpayers. The proposed changes could also affect the broader parking and transportation industries. Overall, these developments suggest a potential shift in NYC’s approach to public revenue generation.