Mayor Bloomberg Has Eleven Homes, We Can Still Barely Pay Rent

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A few months back, Runnin' Scared covered what seems to be the biggest conundrum of the Big Apple: the fact that rents are higher than ever (averaging a solid $3,418 a month) yet no one is leaving the island. Actually, recent years have shown a huge increase in Manhattan newcomers, raising the question of whether the island will go the way of Venice.

These facts stand in huge contrast to the life of the Hozziner, the highest representative of all things related to New York City and shunner of Gracie Mansion. It seems like old news to say that Bloomberg is the King of New York: whether he's riding his helicopter over the East River late night or boosting the sales of Bloomberg Media, it's evident that Mayor has solidified his empire both in business and in city politics. 

But to compare and contrast the lives of normal New Yorkers and that of the Mayor is a job that must be done every so often just to remind us where we're at as a City. And, if his recent tax records and buys are any indications, the wealth is still pouring in while we're scrounging together pennies to satisfy our landlord come the first day of the month.

The Post reported yesterday that Michael Bloomberg now has eleven places to call home after recently picking up two more properties, each with MegaMillion price tags.
His first new buy is in North Salem, an exclusive village up in Westchester. Home to David Letterman and many other members of the super-rich (is the One Percent still being used?), Bloomberg already had a $3.65 million ranch up there. But, hey, the more, the merrier: his recently acquired property maxed out somewhere around $4.55 mill. And that stands in awe compared to his other home.

The second new buy came three months later and is located in Southampton. You know, that summer dreamland of every New Yorker that the Hampton Jitney will bring you to if you have the money. The estate cost the Mayor $20 million; according to Forbes, that's 1/1100-th of his total wealth, which is around $22 billion. With that being said,, doesn't your $3,418 a month small studio in Midtown seem irrelevant?

The plethora of households means that the Hozziner is paying taxes all over the damn place. But, at least he is paying the right amount: his tax records also tell us that he pays a 34.69% tax rate, which is equivalent to $7,631,800,000. Who said the rich don't pay taxes? That's enough money to bankroll 1/4 of every New Yorker's rent.

As his financial information company continues to expand, it's always appropriate to point out a few things about our Mayor, even if his time in office is coming to an end soon. Now, it's just a mystery we'll have to accept as reality and, soon enough, it'll be another chapter in Gotham's truly absurd history.

[jsurico15@gmail.com/@JSuricz]

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Sputnik Kilambi
Sputnik Kilambi

when one person has so many ''residences'', are they all homes or just houses?

John
John

The mayor is rich.Rent in Manhattan is high, but more and more people want to live there.I'm not seeing the "disconnect". If anything, this is simply confirmation that the rich continue to get richer.

Also, the "conclusion" to this article seems to be a list of nonsequiturs:"As his financial information company continues to expand, it's always appropriate to point out a few things about our Mayor, even if his time in office is coming to an end soon. Now, it's just a mystery we'll have to accept as reality and, soon enough, it'll be another chapter in Gotham's truly absurd history."

Michijo
Michijo

Yep, that's why I left New York. That whole state is royally fucked. The people who afford to live there have one hell of an ego trip. If you look also at what is going on in Seattle, you can see that eventually the USA will be unlivable. A lot of culture will drift to smaller cities. The plus is that you will have so many rich people all on one island. One atom bomb could free us from so many bastards. Large one bedroom apartment in Portland Maine: 600 to 800 dollars a month. You can barely rent a broom closet in midtown manhattan for that.

Heffalumps
Heffalumps

Oh the lovely lives of the landed gentry. 

Next up after Emperor Michael Bloombuck$ of Upper Ea$t $ide and Exclusive $alem Village, 

Earl Donald Trump of Queen$, Mar-a-Lago and Trump Tower$;

Prince Ronald Lauder of the Upper Upper Ea$t $ide and Neue Galerie; 

Marquess Jamie Dimon of JP Morgan Cha$e Ca$ino and Manhattan;

Baron Lloyd Blankfein of Goldman $ach$ Marionette$ and the Hampton$;

and Duke Julian Robert$on, of Ample Hedge Fund$, Right-Wing Super-Pac$, and Nieuwe-Amsterdaam.

Staten Island Bob
Staten Island Bob

Is it any wonder that Bloomberg has lost touch with the average people of this city? Why would he care about Living and Minimum Wage Bills, or pensions for municipal workers, or prosecuting Wall Street criminals? He has it made, and the Queen-to-be, Christine Quinn, made his third term possible. Most New York City residents could not even pay the $3418.00 per month average Manhattan rent. That is why our "flagship" borough has been gentrified to death. Anyone going to Greenwich Village and expecting Bohemia had better get a reality check. In other words, if you're poor, stay away, and don't bother asking our mayor for any favors, because all he cares about is accumulating more wealth, and mansions.

ISAAC IBN TABUL
ISAAC IBN TABUL

He didn't give a rats ass to cutting the $7,000,000.00 for homeless youth in New Yourk City! Did he? His KARMA well be a hell af a bitch!

Michijo
Michijo

As someone who used to be a homeless youth in New York, I can say, that I hope this guy's intestines are sucked out of his ass in an airline toilet.

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