Related wades into AG race with $100K donation to anti-Teachout PAC

Developer has also donated to Maloney

TRD New York /
Sep.September 10, 2018 06:30 PM

Zephyr Teachout and Stephen Ross (Credit: Getty Images)

Related Companies donated $100,000 to a political action committee that launched a digital campaign against Democratic attorney general candidate Zephyr Teachout.

The company provided funds to the Committee for Justice and Fairness PAC on Aug. 29, Politico reported. On Sept. 7, the PAC filed plans to spend $100,000 on anti-Teachout ads that will run through Thursday, which is primary day.

The money from Related appears to be biggest contribution the PAC has received this year. The PAC reported in July that it had a mere $727.55 on hand. Teachout has made it a point of saying that she will not accept donations from real estate developers and has proposed a series of reforms aimed at cracking down on the industry. Right after donating to the PAC, Related provided $21,000 to one of Teachout’s opponents, Sean Patrick Maloney.

“Big real estate is throwing everything at me because they know I won’t back down,” Teachout said in a statement. “New Yorkers need an Attorney General to protect them from predatory billionaires like Ross.”

According to an analysis by The Real Deal, Maloney and Public Advocate Letitia James have collectively raised more than $700,000 from New York City real estate interests in their bids to become the next AG. [Politico] — Kathryn Brenzel


Related Articles

arrow_forward_ios
348 Court Street (Photo by Justin Heiman/Getty Images)

Collapses raise questions about safety-law exemption

Collapses raise questions about safety-law exemption
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
arrow_forward_ios

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

Loading...