Albanese: Tax foreign real estate moguls to help homeless crisis

Democratic mayoral candidate Sal Albanese said Wednesday that the best way to solve the city’s homeless crisis is by slapping a hefty tax on foreigners who own prime real estate in the Big Apple.

Saying that Mayor de Blasio has failed miserably in trying to resolve “a crisis on steroids,” Albanese suggested an extra tax on luxury real estate owned by people whose primary residence is outside the US.

The revenues going towards building affordable housing.

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