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Real-estate honchos dump big bucks into Gov. Cuomo's re-election bid |
2021-08-02 |
[NYPOST] Deep-pocketed donors with ties to New York’s real-estate industry are still putting their money behind embattled three-term Gov. Andrew SonnyCuomo ![]() , campaign records reveal. Developers, landlords, building lenders and other industry associates pumped nearly $500,000 into Cuomo’s re-election coffers over the past six months. That’s more than 20 percent of the $2.3 million raised by Cuomo for the first half of 2021. Many of the contributions poured in right before the campaign fundraising deadline. Housing activists blasted the donations, noting that an important state law expires next June 15 that gives luxury developers’ projects generous tax abatements for charging non-market or "affordable" rents for up to 30 percent of their new apartments. |
Posted by:Fred |
#4 Buying better terms on any prospective "CoVid Bail-Out" Program? |
Posted by: magpie 2021-08-02 15:33 |
#3 New York, like California has many people fleeing from these states. So NY real-estate may be throwing good money after bad money. |
Posted by: JohnQC 2021-08-02 11:21 |
#2 Proof of how distorted New York's real estate market is. When people who make their livings off the trade in properties lose track of who is helping or hurting property rights, you got a big problem... |
Posted by: M. Murcek 2021-08-02 09:01 |
#1 That’s more than 20 percent of the $2.3 million raised by Cuomo for the first half of 2021 I'm curious about the other 80% - any yuan? |
Posted by: g(r)omgoru 2021-08-02 02:25 |