Gracie Mansion sees 90 percent fall in donations

The hit follows de Blasio’s decision to end fundraising galas

TRD New York /
May.May 31, 2015 09:30 AM

Gracie Mansion may suffer following Mayor Bill de Blasio’s decision to cancel the annual gala, which raises hundreds of thousands of dollars to maintain the historic property.

Since de Blasio came into office, donations to the Gracie Mansion Conservancy dropped by 90 percent last year, its latest tax filings show, according to the New York Post.

The nonprofit raised only $67,567 in contributions in the fiscal year ending June 30, 2014. That’s down from $641,140 in the previous year.

And the funding gap has meant that maintenance has suffered, with the conservancy spending just $143,634 on the property last year. That’s down from $928,429 the previous year.

Yet a spokesperson for the mayor told the Post that the galas were canceled because there was no need to collect outside funds.
“There are currently no Gracie Mansion programs requiring outside funding. For potential programs or initiatives moving forward, there will be corresponding fundraising,” said the spokesperson, Peter Kadushin. [NYP]Christopher Cameron


Related Articles

arrow_forward_ios
Mayor Bill de Blasio (Getty)

New law shields restaurateurs, retailers who quit leases

New law shields restaurateurs, retailers who quit leases
(Credit: iStock)

No Covid break for big properties with unpaid taxes

No Covid break for big properties with unpaid taxes
Mayor Bill de Blasio (Photo by William Farrington-Pool/Getty Images)

Who made de Blasio’s real estate reopening council — and who didn’t

Who made de Blasio’s real estate reopening council — and who didn’t
Mayor Bill de Blasio (Credit: Getty Images; iStock)

Bleeding cash, de Blasio outlines $2.7B in cuts, higher fines

Bleeding cash, de Blasio outlines $2.7B in cuts, higher fines
Mayor Bill de Blasio (Credit: Getty Images and iStock)

City to move some homeless into hotel rooms

City to move some homeless into hotel rooms
Mayor Bill de Blasio delivered the message this week ahead of a formal plan to combat social gathering in the city. (Credit: Lev Radin/Pacific Press/LightRocket via Getty Images and Cindy Ord/Getty Images)

New York City to enforce social distancing at parks, playgrounds

New York City to enforce social distancing at parks, playgrounds
Mayor Bill de Blasio (Photo by William Farrington-Pool/Getty Images)

Mayor questions allowing condo construction during pandemic

Mayor questions allowing condo construction during pandemic
Gov. Andrew Cuomo (Credit: Bruce Bennett/Getty Images, iStock)

Governor gives NYC 24 hours to make crowd-reduction plan

Governor gives NYC 24 hours to make crowd-reduction plan
arrow_forward_ios

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

Loading...