New state senator collects consulting cash for former RE firm: report

Ethics watchdog says it poses potential conflicts of interest

TRD New York /
Oct.October 24, 2017 08:00 AM

From left: Albany State House Brian Benjamin, and 28 West 127th Street

Democrat Brian Benjamin has a seat in Albany after winning a special election for the the State Senate in May. But that’s not going to keep him from drawing a check from his former real estate firm, Genesis Companies, the New York Post reported.

Ethics documents filed by Genesis Companies’ CEO Karim Hutson show that Benjamin is currently on consulting retainer for $5,000 a month, though Benjamin denies he is getting paid, according to the Post.

Blair Horner, executive director of good-government organization New York Public Interest Group said “being allowed to moonlight creates potential conflicts.” Benjamin, however, said “My background building affordable housing only deepens my understanding of these issues … To suggest otherwise is frankly ludicrous.”

Benjamin’s company manages more than 1,000 apartments in New York City. During the election, Benjamin enjoyed the support of a number of for-profit affordable housing developers, with donors including BFC Partners’ Donald Capoccia and L+M Development’s Ron Moelis.

In June, Benjamin introduced a bill that would fine brokers attempting to rebrand a southern swarth of Harlem “SoHa”  [NYP]Will Parker


Related Articles

arrow_forward_ios
Jay Kriegel (Credit: Kent Presents)

Jay Kriegel, Related senior adviser and ex-mayoral chief of staff, dies

The Thurgood Marshall Courthouse in Lower Manhattan (Credit: iStock)

Housing court could get a lot more political under reform plan

WeWork employees speak up to management, NY condo buyers can stay anonymous after all

WeWork employees speak up to management, NY condo buyers can stay anonymous after all

Airbnb lost by a landslide in Jersey City. What went wrong?

Airbnb lost by a landslide in Jersey City. What went wrong?

Airbnb CEO Brian Chesky and Jersey City Mayor Steve Fulop (Credit: Twitter, iStock, Airbnb)

Stakes are high as Jersey City residents vote on Airbnb

Alexandria Ocasio-Cortez, Bernie Sanders and Elizabeth Warren

By the numbers: Breaking down national housing agendas from the far left

Nuveen CEO Vijay Advani, Blackstone President & COO Jonathan Gray and one of the Texas properties

Blackstone just sold off a 29M sf national industrial portfolio

Granit Gjonbalaj (Credit: LinkedIn)

The purge continues: WeWork’s head of real estate is leaving

arrow_forward_ios
Loading...