Some real estate firms now donate more to Dems

Durst Organization, Brookfield Properties among those that crossed the aisle

New York /
Aug.August 05, 2014 02:40 PM

Real estate interests that once gave generously to the G.O.P. are now filling Governor Andrew Cuomo’s coffers.

Analysis by the New York Public Interest Research Group shows that more than half of New York State Republicans’ top donors between 2003 and 2006 are now giving more money to Cuomo and Dems than to the G.O.P. and its candidate for governor, Rob Astorino, Capital New York reported. Brookfield Financial Properties, the Durst Organization and Peter Kalikow, head of Kalikow & Company, are among the donors in that camp.

Between 2011 and 2014, Brookfield financed the Cuomo and Democrats to the tune of $813,000, compared with $210,000 in donations to Republicans ­in the three-year period ending in 2006, according to NYPIRG analysis cited by the website.

Meanwhile, NYPIRG reported that Durst forked over $304,000 to the governor and other Dems in past years — substantially more than the $182,500 the company gave the G.O.P. from 2003 to 2006.

Governor Cuomo is facing scrutiny over his alleged interference in an anti-corruption panel he himself established. The so-called Moreland Commission had questioned his ties to the real estate industry[Capital NY]Tom DiChristopher


Related Articles

arrow_forward_ios
Governor Andrew Cuomo and Senator James Skoufis (Credit: Getty Images, NY Senate)
Owners of some residential properties can’t hide behind LLCs anymore
Owners of some residential properties can’t hide behind LLCs anymore
Governor Andrew Cuomo and 538 Johnson Avenue in Brooklyn (Credit: Google Maps and Getty Images)
Landlords take another hit: Cuomo signs expanded Loft Law
Landlords take another hit: Cuomo signs expanded Loft Law
Governor Andrew Cuomo (Credit: Getty Images)
Cuomo wants to exempt NYC from prevailing wage bill
Cuomo wants to exempt NYC from prevailing wage bill
Gary LaBarbera now leads the New York City and New York State councils. (Getty)
Gary LaBarbera quietly takes helm of building trades statewide
Gary LaBarbera quietly takes helm of building trades statewide
House of Yes in Brooklyn (Getty)
New York’s venues operators say reopening isn’t “financially viable”
New York’s venues operators say reopening isn’t “financially viable”
All in all, the $212 billion budget is a mixed bag for the industry. (Getty/Illustration by Kevin Rebong for The Real Deal)
Real estate’s wins and losses in new state budget
Real estate’s wins and losses in new state budget
Douglas Durst with 1133 Avenue of the Americas (left) and 114 West 47th Street (Google Maps, Getty)
Durst refinances two Midtown buildings with $1.1B CMBS loan
Durst refinances two Midtown buildings with $1.1B CMBS loan
Gov. Andrew Cuomo (Getty, iStock)
Cuomo’s $1.3B for Penn Station work can’t go to towers
Cuomo’s $1.3B for Penn Station work can’t go to towers
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...