Massey falls behind de Blasio in latest campaign fundraising filing

After grabbing the momentum early, Cushman exec lags in latest round

TRD New York /
May.May 16, 2017 07:30 AM

After grabbing the momentum earlier this year, Cushman & Wakefield executive Paul Massey’s fundraising efforts for his mayoral campaign lagged behind Mayor Bill de Blasio’s haul over the past two-month period.

During the period from March 12 through May 11, de Blasio raised $663,049, records with the New York City Campaign Finance Board show.

During the same period, Massey raised $555,786, according to the campaign’s disclosures.

“I am pleased with how our fundraising is going,” Massey said in a prepared statement Monday. “I am the only candidate not using taxpayer funds, and I am not beholden to special interests. I built and ran a highly efficient, highly profitable business, which was possible because we hired the best management team we could find.”

Massey, who is fighting an uphill battle to unseat the incumbent mayor, is eschewing the city’s public-funds matching program, which means the bar is set even higher when it comes to raising private donations in order to stay competitive with de Blasio.

So far, the Democratic mayor has raised a total of $4.37 million, while Massey’s raised somewhere around $4.6 million, including about $1.6 million in personal loans to the campaign.

This is the third filing period for the veteran broker since he launched his campaign as a Republican last year. In March, Massey reported raising more than double what de Blasio had raised since early January, as the mayor switched to a strategy of focusing on small donors.

Massey, meanwhile, has relied largely on his friends in the real estate industry to help fill his campaign coffers.

Early Monday, Massey released details of  his public safety policy, and plans to release details of his housing and homelessness policies later this summer. The next disclosure deadline is June 17.


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