From the March issue: Political fortunes can change fast, but that hasn’t stopped the city’s real estate power brokers from dipping into their bank accounts to place their bets on presidential candidates. An unscientific review of federal campaign filings by The Real Deal found that many New York City developers and real estate heavyweights were more solidly behind their hometown senator, Hillary Clinton, than any other candidate in the running — at least before her chief opponent started stringing together victories. As of the most recent campaign finance disclosures, only a few real estate outliers had written checks to Senator Barack Obama, who finished last month with 11 consecutive primary and caucus wins, tilting prospects for the Democratic Party nomination in his favor, if the headlines are to be believed.
Presidential politics thins real estate wallets
March 11, 2008 03:16PM
By Alec Appelbaum



