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Governor Hochul Urges Wealthy New Yorkers to Return

3/20/2026

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Summary

Story summary

New York Governor Kathy Hochul urged wealthy former residents to return to the state to support its social programs.
At a recent summit, Hochul acknowledged New York's tax base has eroded.
Republican Nassau County Executive Bruce Blakeman criticized the appeal, arguing that high taxes drive people away.
Businessman John Catsimatidis dismissed Hochul's appeal, saying those who moved to Florida are unlikely to return.

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Story summary

New York Governor Kathy Hochul urged wealthy former residents to return to the state to support its social programs.
At a recent summit, Hochul acknowledged New York's tax base has eroded.
Republican Nassau County Executive Bruce Blakeman criticized the appeal, arguing that high taxes drive people away.
Businessman John Catsimatidis dismissed Hochul's appeal, saying those who moved to Florida are unlikely to return.