Trump held fundraising meeting with top NYC developers

LeFrak, Lorber, Roth, Fascitelli and Witkoff reportedly in attendance

New York /
Jun.June 09, 2016 10:30 AM

Donald Trump is tapping his friends and former peers in the New York real estate development community to help fund his presidential run.

Trump reportedly met with a who’s-who of the city’s top builders yesterday, part of an effort to ramp up his campaign fundraising as he pivots to the general election. Developers reportedly in attendance included the LeFrak Organization’s Richard LeFrak, the Vector Group and Douglas Elliman’s Howard Lorber, Vornado Realty Trust’s Steven Roth, Imperial Companies’ Michael Fascitelli, and Steve Witkoff, Bloomberg reported.

The presumptive Republican nominee largely relied on free media and his own personal spending to fund his primary campaign, but has recently shifted to a more traditional approach. He held his first fundraiser last week in California, and is planning events in New York, Texas and other cities over the next days and weeks.

The developers he courted Wednesday are prolific and largely non-partisan political donors. LeFrak, Lorber and Fascitelli have each given between $200,000 and $400,000 to candidates in federal elections, according to the Federal Election Commission, with at least a quarter in each case going to Democrats.

The Real Deal looked at 2016 political donations by New York real estate players in its September 2015 issue. At that time Trump had received just one such donation, $5,000 from Meridian Capital Group CEO Ralph Herzka. At that time, Jeb Bush, who suspended his campaign in February, was by far the largest recipient of NYC real estate cash, taking in over $1 million. [Bloomberg]Ariel Stulberg


Related Articles

arrow_forward_ios
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Stephen Ross and Charles Kushner (Getty)
Stephen Ross, Charles Kushner, other titans paid no federal taxes for years
Stephen Ross, Charles Kushner, other titans paid no federal taxes for years
Trump International Hotel D.C. and Donald Trump (Getty, Trump Hotels)
Trump could profit $100M in DC hotel sale
Trump could profit $100M in DC hotel sale
Richard Lampen and Howard Lorber
Public relations: What’s next for an independent Douglas Elliman?
Public relations: What’s next for an independent Douglas Elliman?
Donald Trump (Getty)
Pandemic dashed one-quarter of Trump’s NYC retail tenants
Pandemic dashed one-quarter of Trump’s NYC retail tenants
Prosecutors probing disparities in Trump Org property valuations
Prosecutors probing disparities in Trump Org property valuations
Prosecutors probing disparities in Trump Org property valuations
Bienvenidos a Miami: Here’s a glimpse inside the new Douglas Elliman
Bienvenidos a Miami: Here’s a glimpse inside the new Douglas Elliman
Bienvenidos a Miami: Here’s a glimpse inside the new Douglas Elliman
arrow_forward_ios

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

Loading...