The Real Deal New York

Quinn beats mayoral rivals in real estate donations

Related employees give more than $40,000 to her unofficial campaign

February 20, 2013 05:30PM

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Bill de Blasio and Christine Quinn

How much does the city real estate industry like City Council Speaker Christine Quinn? Industry executives have donated more than $800,000 into what remains her unofficial campaign for mayor, Crain’s reported, citing numbers from the New York Public Interest Research Group. All in all, this sum accounts for 14 percent of her total funds raised, which in January ticked in at over $6 million.

Of all the real estate donors, Related Companies’ employees have been pretty generous. They have donated a total of $40,499 to her campaign. Quinn has also received donations from real estate political action committees, such as the Building Congress and RPAC.

On the other hand, Quinn rival Bill de Blasio has received $226,000 in donations from city real estate figures. This accounts for 8 percent of his total donations.

As previously reported, the city’s public advocate slammed Quinn’s proposed property tax cap for buildings that pledge to reserve a certain percentage of units for affordable tenants. De Blasio reportedly called her proposal a “giveaway” to deep-pocketed developers. His comments sparked complaints among some real estate insiders, who also said that de Blasio lacked a commitment to subsidize affordable units. [Crain's]Zachary Kussin

  • Anonymous

    Christine Quinn is all smoke and mirrors. It’s appalling that the real estate industry is donating to her campaign. And let’s not forget how she plans to devalue real estate in Yorkville if she gets her way in building the 92nd Street Marine Transfer Garbage Dump which would send over 800 garbage trucks a day up and down York Avenue. Out of all the candidates, I don’t know who will make a good mayor but it surely is not Christine Quinn.

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