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
Senate Minority Leader Chuck Schumer and Senate Majority Leader Mitch McConnell (Schumer by Tasos Katopodis/Getty Images; McConnell by Ting Shen/Xinhua via Getty)

Schumer v. McConnell on SALT: Who’s gonna give?

Schumer v. McConnell on SALT: Who’s gonna give?
From left: Jared Kushner, 715 Park Avenue, Deutsche Bank CEO Christian Sewing, and Rosemary Vrablic (Credits: Kushner by BRENDAN SMIALOWSKI/AFP via Getty Images; 715 Park via Google Maps; Sewing by by Thomas Lohnes/Getty Images; Vrablic by PAUL LAURIE/Patrick McMullan via Getty Images)

Apartment sale to banker for Trump and Kushner probed

Apartment sale to banker for Trump and Kushner probed
Assemblyman Harvey Epstein and Senator Brad Hoylman (Epstein by Erik McGregor/LightRocket via Getty Images; Hoylman by Roy Rochlin/Getty Images)

Lawmakers introduce bill to keep rent regulation alive

Lawmakers introduce bill to keep rent regulation alive
China’s housing market is into bubble territory

There are fears of a great housing bubble in China

There are fears of a great housing bubble in China
Governor Andrew Cuomo (Getty, iStock)

What NYC’s phase 4 means for real estate

What NYC’s phase 4 means for real estate
Hong Kong

Foreign firms are vacating Hong Kong offices like never before

Foreign firms are vacating Hong Kong offices like never before
Mayor Bill de Blasio (Getty, Wikimedia)

Landlords challenge city laws protecting non-paying businesses

Landlords challenge city laws protecting non-paying businesses
Mayor Bill de Blasio and Dr. Oxiris Barbot (Getty, iStock)

Day care — and its landlords — get a lifeline

Day care — and its landlords — get a lifeline
arrow_forward_ios

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

Loading...