Blakeman taxes show he earned combined $673G; Hochul filings show earnings were $1.86M

ALBANY — Republican Nassau County Executive  Bruce Blakeman and his wife reported earning $673,476 in 2025, with a substantial chunk coming from investments and a relatively small amount from rental income, according to records the executive made available Monday.

Blakeman, who is running for governor, isn’t required to publicly disclose his tax returns but did so in response to a Newsday question and to follow the long tradition of gubernatorial candidates releasing their personal financial records. 

Earlier this month, Blakeman’s opponent, Democrat Gov. Kathy Hochul, disclosed she and her husband earned  $1.86 million in 2025 — with the overwhelming bulk coming from his job at a high-end  multinational law firm. 

That was a 25% increase from the previous year. New York’s first couple also started paying New York City taxes in 2025, after they began renting  an apartment in Manhattan.

Blakeman, 70, was paid $235,935 for serving as Nassau’s top elected official. His wife, Segal, earned another $197,954 as a family court judge, paid through New York state.

The couple also reported $19,932 in rental income and another $231,010 in investment income. The investment income included about $97,000 in interest and dividends and $114,000 in capital gains. One interest payment was $3,784 from the “State of Israel,” according to the records, for an apparent bond investment.

The Blakemans paid $143,000 in federal taxes and $45,000 in state taxes.

They reported $33,100 in deductions but didn’t make an itemized list available.

On the other side of the political aisle, Hochul, 67, was paid $250,000 as the nation’s highest-paid governor.

Her husband, William, earned $1.3 million as an attorney with Davis, Polk and Wardwell. He also took in a deferred payment of $102,960 from his previous job at Delaware North, a gambling and hospitality company. A former federal prosecutor, William Hochul also received a federal pension payment of nearly $50,000.

The Hochuls have a residence in Buffalo and a vacation property in Virginia. They also reported residing in the Manhattan apartment for 12 months, making them subject to city taxes for the first time.

They paid about $593,000 in federal tax, $117,000 to New York State and $66,000 to the city.

They paid an effective tax rate of 31.8%.

They reported nearly $79,000 in charitable donations, including Planned Parenthood, the Alzheimer’s Association, the Fresh Air Fund and city missions in Buffalo and Schenectady.

In a statement to Newsday, Blakeman said: "I don't list all of my charitable contributions, and I have recently made substantial contributions to charity. But, in the last year, with 3 grandchildren under the age of 3, my focus has been helping my kids."