Trump held fundraising meeting with top NYC developers

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

TRD 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

Hamptons’ priciest summer rental to host MAGA extravaganza next month

Michael Cohen and Donald Trump (Credit: Getty Images, iStock)

Trump exaggerated building values to get financing, tax documents show

The Real Deal’s E.B. Solomont receives Front Page Award

Trump’s tax returns, Amazon gets into proptech: Daily digest

These real estate billionaires made Forbes’ list of richest Americans

Steve Witkoff and the property at 2805 Lake Avenue

Developer Steve Witkoff revealed as buyer of Sunset Islands home

Donald Trump at Trump National Doral (Credit: Getty Images)

Former members of Trump Doral may have to wait decades to get their deposits back

arrow_forward_ios