De Blasio nonprofit didn’t violate rules: Campaign Finance Board

Agency clears mayor over Campaign for One New York, but adds criticism

TRD New York /
Jul.July 07, 2016 11:01 AM

New York’s Campaign Finance Board on Wednesday announced that mayor Bill de Blasio’s nonprofit, which collected millions in donations from developers, didn’t violate its rules. But the board strongly criticized the mayor’s handling of the nonprofit, dubbed Campaign for One New York, claiming it “plainly raises serious policy and perception issues.”

The board also urged legislators to pass laws that put stricter limits on donations to nonprofits tied to politicians, and said it would view these types of donations as tied to election campaigns if they occur in an election year.

More than 95 percent of the funds raised by the nonprofit would have been banned under the city’s campaign finance laws for political candidates, the board found, according to the New York Times.

Developers are among the biggest donors to the nonprofit, which de Blasio founded to further his policy initiatives.  Altogether, real estate players gave $1.1 million from Jan. 2014 to June 2015, according to the New York Times.

The list includes Toll Brothers TRData LogoTINY, which donated $50,000 and is developing the controversial hotel-condo Pierhouse in Dumbo. The developer has been sued by local residents who argue that Toll built the project higher than legally allowed. Thus far, the city has sided with Toll. Two Trees Management donated $100,000 in April 2015 through an LLC – about a year after reaching a deal with the city to rezone its Domino Sugar site in Williamsburg.

The Real Deal first reported in April that Arana Hankin, a top executive at WeWork, was at the time the biggest bundler for de Blasio’s 2017 re-election campaign, bundling $68,750 in a four-day span in January. [NYT] — Konrad Putzier


Related Article

arrow_forward_ios
When Bill de Blasio announced the end of his campaign, the industry reacted largely with relief but not surprise (Credit: Getty Images and Pixabay)

De Blasio’s campaign is dead, and real estate is happy

Gary Barnett says luxury market is crowded, WeWork IPO woes continue: Daily Digest

The blackout impacted a 42-block stretch of Manhattan between the Hudson River and Fifth Avenue (Credit: Getty Images)

Con Ed still searching for answers in Manhattan blackout

Mayor Bill de Blasio and Rikers Island (Credit: Getty Images)

Real estate development not coming to Rikers Island, mayor says

Mayor Bill de Blasio and Frank Carone (Credit: Getty Images)

City tapped De Blasio donor to take over foreclosed properties

NYC is on the hunt for an Amazon replacement in Queens

Bill de Blasio and The Oval Office (Credit: Getty Images)

“It’s gonna suck for us”: Real estate sounds off on de Blasio’s presidential bid

Mayor Bill de Blasio and Commissioner Steven Banks and 127-03 20th Avenue (Credit: Getty Images and Google Maps)

Critics sue to block College Point homeless shelter

arrow_forward_ios