Mayor Bloomberg Adds $4.5 Million Estate To Extensive Real Estate Portfolio
NEW YORK (CBSNewYork/AP) - New York City Mayor Michael Bloomberg has added a $4.5 million estate to his already extensive real estate portfolio.
The New York Times reported that tax returns show that the mayor purchased a 33-acre estate in Westchester County last year. The new property in North Salem, N.Y., is adjacent to a 20-acre residence that Bloomberg purchased in 2001 for his daughter, Georgina, the newspaper reported.
The mayor owns properties in Manhattan, Bermuda, London, Southampton, N.Y., Vail, Colo., and Wellington, Fla. Bloomberg also bought a 35-acre Hamptons estate in 2011.
Do you have a problem with Mayor Bloomberg owning all of these properties, or is he free to spend his money however he pleases? Offer your thoughts and comments in the section below...
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