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2021-08-02 Home Front: Politix
Real-estate honchos dump big bucks into Gov. Cuomo's re-election bid
[NYPOST] Deep-pocketed donors with ties to New York’s real-estate industry are still putting their money behind embattled three-term Gov. Andrew Sonny Cuomo
...Dem dynastic governor of Noo Yawk, the son and heir of the late Mario Cuoma and formerly married to a Kennedy. Acclaimed for his leadership during the COVID epidemic, he managed the nation's highest corpse count while successfully hiding the returns and writing a book praising himself. Among the nation's horniest politicians, he has about a dozen allegations of sexual harrassment and groping against him. Noo Yawk's politix being what they are, he is still hanging tough, waiting to ride it out....
, 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 2021-08-02 00:00|| || Front Page|| [11135 views ]  Top

#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||   2021-08-02 02:25|| Front Page Top

#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||   2021-08-02 09:01|| Front Page Top

#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||   2021-08-02 11:21|| Front Page Top

#4 Buying better terms on any prospective "CoVid Bail-Out" Program?
Posted by magpie 2021-08-02 15:33||   2021-08-02 15:33|| Front Page Top

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