«This is the guy who spent the last eight years — two of them after Donald Trump got elected — keeping Republicans and their real
estate donors in power,» Lipton said.
By contrast, City Council Speaker Quinn — who has raised more funds than any other candidate — drummed up just under $ 20,000 and Public Advocate de Blasio raised a mere $ 12,730 from real
estate donors in the same period.
Not exact matches
Typically, if a rich
donor fully controls the assets
in an LLC, it's counted as part of their
estate.
By contrast, the coalition of business, real
estate and private - sector union interests raised $ 17.5 million from 74
donors in 2011.
In the last eight years, Governor Cuomo's real estate donors have dictated housing policy in our state — and the results have been disastrou
In the last eight years, Governor Cuomo's real
estate donors have dictated housing policy
in our state — and the results have been disastrou
in our state — and the results have been disastrous.
Of his top 50
donors, 26 are businesses involved
in real
estate or construction; two are labor unions.
Investigators want to know if real
estate developers and other
donors received preferential treatment from the city
in exchange for contributions to the group, which was created to promote the mayor's policy agenda.
In February, IBTimes reported that a Cuomo
donor at the center of the probe saw his real
estate firm receive subsidies from the same state housing agency that gave bond work to Cuomo's financial industry
donors.
For example, when commission investigators sought to review political donations and communications by the Real
Estate Board of New York — a trade group whose members include some of Cuomo's biggest
donors —
in an effort to connect the dots on a valuable housing tax break, the governor's secretary reportedly instructed commissioners not to subpoena the organization.
The activist investor and his wife Lizanne — who are already sizable Cuomo
donors — famously bought the sprawling beachfront
estate on Further Lane
in 2014 for $ 147 million, at the time setting a record for the most expensive home sale ever
in the US.
This landlord group gave to a few Democrats, but has remained one of the few real
estate donors that has not shifted its money to the party with stronger positions
in favor of issues such as rent control.
In addition to Litwin, other real estate interests that have been major Cuomo donors spent substantial sums of money helping Republicans in the Senat
In addition to Litwin, other real
estate interests that have been major Cuomo
donors spent substantial sums of money helping Republicans
in the Senat
in the Senate.
According to campaign officials, four
donors paid top dollar to sit with the governor, his girlfriend, Sandra Lee, and one of his daughters
in the M.S.G. box owned by Cushman & Wakefield, a major real
estate firm.
«They include efforts by city officials to aid the owner of a restaurant
in Queens, a soundstage company
in Brooklyn and a Brooklyn real
estate developer — all
donors to the mayor,» the Times reported, noting the restaurant owner is cooperating with authorities.
In 2013, REBNY was joined by four New York City developers among the state's 25 largest donors; in 2016, no individual real estate development interest made the lis
In 2013, REBNY was joined by four New York City developers among the state's 25 largest
donors;
in 2016, no individual real estate development interest made the lis
in 2016, no individual real
estate development interest made the list.
And as the trial shined a light on the role real
estate donors play
in the halls of Albany, the industry has been cool to donate to the disgraced politician's successor.
In the most recent filing period, Lhota captured $ 47,475 from more than 100
donors from the real
estate industry, including Barry Gosin, CEO of commercial brokerage Newmark Grubb Knight Frank, and Alex Goldstein of residential owner Samson Management, who each gave the maximum $ 4,950 to his campaign.
ALBANY —
In recent years, lists of the largest
donors to state elections have been filled with real
estate developers.
In his first term, most of his biggest
donors came from the real
estate industry.
Glenwood Management, the giant real -
estate firm that was once the biggest political
donor in New York, is being sued by US Attorney Preet Bharara for not making one of its properties disability - friendly, new court papers charge.
Two more
donors, GX470 Associates LLC ($ 4,000) and MDG Mill Creek ($ 4,000), are both located at the same address
in Clifton Park that is home to Marc D. Goldstein, director of real
estate for Columbia Development, a BBL sister company.
Leonard Litwin, one of the state's biggest real -
estate developers and one of New York's most prolific
donors to politicians of all stripes, including Governor Andrew Cuomo, may have helped fund a Virginia outfit that ran TV attack ads that helped Skelos and the Republicans retain a majority
in 2012.
The feds say the scam was cooked up
in late 2013 during a trip to the Dominican Republic paid for by a cooperating witness — identified by sources as real
estate investor and Mayor Bill de Blasio
donor Jona Rechnitz.
Real
estate donors are apparently lining up to support a Trump campaign for the New York governorship, according to the New York Daily News, while the Donald himself is reportedly well aware of the possibility of succeeding Gov. Andrew Cuomo
in 2018.
ALBANY —
In the first year of the 2018 gubernatorial election cycle, the list of Gov. Andrew Cuomo's largest
donors is dominated by hedge funders and real
estate developers.
Silver also took what he called referral fees from a real
estate law firm while he directed tax breaks to two developers, including Glenwood Management, the largest political
donor in the state.
Silver also received another $ 700,000
in referral fees from a real
estate law firm
in an alleged kickback scheme as he directed tax breaks to two developers, including Glenwood Management, the largest political
donor in the state.
Cuomo currently has $ 22 million
in his re-election account, culled from a
donor base that includes deep - pocketed figures
in real
estate and finance that politicians without a regular excuse to be
in Manhattan work so hard to court.
The largest Cuomo
donor in the real
estate club was Toronto - based Brookfield Property Partners, which earlier this month wired three donations from LLCs totaling $ 150,000.
Earlier
in the week, Don Peebles, a real
estate executive and Democratic
donor, told the New York Post that he is considering a challenge to de Blasio.
Despite vowing to finance his own campaign, the real
estate showman raised $ 3.9 million — 71 of which came from small
donors — and only gave $ 100,000 to his campaign from his own pocket
in in - kind contributions.
Some
donors voluntarily disclosed their involvement — and just about all of them, gambling and real
estate interests
in particular, had business before the state, and millions upon millions of dollars at stake
in the decisions Cuomo made.
Glenwood Management, the real
estate developer both Mr. Silver and Mr. Skelos stand accused of extorting
in exchange for tax breaks, has reportedly used puppet LLCs to become the largest
donor in the state.
While real
estate donors were slow to contribute to Heastie
in the early part of 2015, he collected more than $ 10,000 from real
estate players by the close of the year.
As has been the case
in previous filings, Cuomo's biggest campaign
donors include people from the New York City real
estate industry and supporters of charter schools.
In the weeks leading up to the election, top de Blasio donor Jona Rechnitz, a Brooklyn real estate developer who pleaded guilty to charges of corruption, alleged that he gave money to the mayor's campaign in exchange for favors from City Hal
In the weeks leading up to the election, top de Blasio
donor Jona Rechnitz, a Brooklyn real
estate developer who pleaded guilty to charges of corruption, alleged that he gave money to the mayor's campaign
in exchange for favors from City Hal
in exchange for favors from City Hall.
Many of the
donors who have given the max to de Blasio come from the real
estate industry, which has an interest
in city housing and land use policies.
Flanagan's largest real
estate donor was Staller Associates, a commercial landlord based
in his Long Island district.
One of the
donors who attended, former state Sen. Nick Spano, is a lobbyist for real
estate giant Glenwood Management, a firm that Skelos allegedly squeezed to pay his son and is mentioned
in the criminal complaint.
The top four
donors who contributed during the first half of this year to Governor Andrew Cuomo's re-election campaign are all
in the real
estate industry, a review of state campaign filings show.
The
donors in question reportedly include Harendra Singh and his city lease for the Water's Edge restaurant
in Queens and real
estate investor Jona Rechnitz.
This year so far, the top four
donors to Cuomo's re-election campaign are all
in the real
estate industry, according to state campaign filings.
A significant portion of his donations came from
donors in the real
estate and financial services industries, including executives at firms such as Crown Acquisitions, Property Markets Group, the Riese Organization, CBRE, RFR Holdings» Aby Rosen, Hudson Companies, Toll Brothers and Massey's own former firm Cushman and Wakefield.
The charges against both former leaders stemmed,
in part, from their interactions with executives at Glenwood Management, a real
estate development firm and major political
donor that is heavily interested
in rent regulations and the 421 - a property tax subsidy program.
Former New York Gov. George Pataki might be trailing distantly
in the polls and
in fundraising
in general, but he was the third-most popular among the New York real
estate crowd, receiving nearly $ 82,000 total from just six
donors.
Real
estate exec Paul Massey, a Republican, has said he is interested
in uprooting the mayor, and wealthy developer Don Peebles — a one - time de Blasio
donor — told The News he will likely run.
So far, only Mr. de Blasio's main Republican opponent, Paul J. Massey Jr., a real
estate sales executive, has rivaled him
in fund - raising, though Mr. Massey has also spent money faster than he has taken it
in from
donors.
In reviewing their assets,
donors often find that real
estate, whether their primary residence or vacation home, has appreciated more than their other assets.
In a race that cost over $ 30 million, $ 25 million from outside groups, Torlakson was backed by labor unions and progressive activists while Tuck got the support of establishment newspapers and, according to one source, «30
donors who gave on average $ 267,000 each, including real
estate developer William Bloomfield, Jr., Broad Foundation founder Eli Broad, former New York City Mayor Michael Bloomberg, and Emerson Collective Chair Laurene Powell Jobs.»
If the
donor dies within the 5 - year period, a portion of the transferred amount will be included
in the
donor's
estate for
estate tax purposes.