DEAR MAYOR BLOOMBERG: ABOUT YOUR REAL ESTATE TAXES….

Posted by Leonard Steinberg on January 23, 2011

Mayor Bloomberg we love you: you are the greatest mayor this town has had. BUT, we have a serious problem with the real estate taxes in this City, and you are avoiding the big issue. You recently said in the NEW YORK POST that you feel the pain we are all about to feel with rising real estate taxes on your own townhouse on the Upper East Side.

Currently you pay around $ 95,000/year. Thats a lot. BUT, its a lot less than some of us are paying. You are paying about $ 7,800 per month or roughly $ 0.62 per square foot per month (Your townhouse is about 12,500sf)

Did you know that most condominium owners pay about $ 1.00 or more per square foot for real estate taxes per month? Why do you and a select group of others pay so much less? Why are condo owners a lesser class in the eyes of the government, and why do they have to foot a larger burden of your budget?

PLEASE EXPLAIN THIS TO ME in light of the US constitution…..are we not all equal?