The Real Deal New York

De Blasio’s real estate money trail

Five out of the top 10 bundlers for Mayor de Blasio’s re-election campaign are developers

May 16, 2016 08:30AM
By Konrad Putzier

Mayor Bill de Blasio

Mayor Bill de Blasio

From the May issue: Among the interesting nuggets revealed last month by a far-reaching federal investigation into Mayor Bill de Blasio’s fundraising activities was that a little known developer from Los Angeles was among the top bundlers for de Blasio’s 2013 campaign.

Altogether, Jona Rechnitz, whose company JSR Capital owns a strip mall in Brooklyn as well as a Midtown office building, bundled more than $44,000 for the mayor. While the amount raised by Rechnitz is far from that of the top 2013 bundler for de Blasio — Michael Woloz, an influential city lobbyist who raised nearly $232,000 — his haul was the highest raised by a real estate executive for that election cycle. [more]

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