Corcoran’s Pam Liebman warns employees about “far-left” Queens DA candidate

Six-candidate democratic primary is taking place today

TRD New York /
Jun.June 25, 2019 09:15 AM
Corcoran Group CEO Pamela Liebman and Queens DA candidate Tiffany Cabán

Corcoran Group CEO Pamela Liebman and Queens DA candidate Tiffany Cabán

Democratic voters in Queens head to the polls today for the first competitive district attorney primary in decades, and the real estate industry is watching closely.

In particular, Democratic Socialist candidate Tiffany Cabán’s bid to become Queens DA has many in the industry worried, and Corcoran Group CEO Pamela Liebman sent an email to employees warning of the impact a “far-left” candidate could have on the firm’s business, Crain’s reported, citing a copy of the email that it obtained.

“Though the DA’s authority may not have a direct effect on the real estate business in Queens or the other boroughs, a far-left candidate’s election to this influential post sets a precedent that could severely stunt our business—in the borough and beyond,” the email says.

A Cabán victory would represent another milestone for the progressive wave that has swept the city and state in recent months, pushing Amazon to drop its plans for Long Island City and passing landmark rent stabilization legislation two weeks ago.

Liebman also contrasted the candidate unfavorably with front-runner and establishment favorite Melinda Katz, who has continued to rake in campaign donations from real estate interests as other candidates have disavowed it.

With six candidates in the running, the email notes that Cabán could win the primary with as little as a quarter of the vote. Cabán has been endorsed by prominent politicians such as Alexandria Ocasio-Cortez, Bernie Sanders and Elizabeth Warren. Katz, a career politician who represents the Queens machine, has picked up the endorsement of local leaders like Sen. Gregory Meeks as well as unions 32 BJ and 1199 SEIU.

“This is an extraordinarily consequential primary, and its outcome could have big implications on our business,” Liebman’s email concludes. [Crain’s] — Kevin Sun


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Breather CEO Bryan Murphy (Credit: LinkedIn and iStock)

Breather bloodbath: Flex-office startup fires at least 10% of staff

The Tel Aviv Stock Exchange (Credit: Getty Images)

All Year’s Israeli bonds tumble on $41M loss

Brooklyn Point at 138 Willoughby Street and Extell Development’s Gary Barnett (Credit: Alistair Gardiner for The Real Deal)

And you get an incentive! Extell offers to pay carrying costs at Brooklyn’s tallest tower

225 Park Avenue South, Buzzfeed CEO Jonah Peretti and Facebook CEO Mark Zuckerberg (Credit: Getty Images)

The Midtown South home of Facebook, Buzzfeed asks up to $800M

According to a lobbyist, the REBNY is not planning to attend Governor Andrew Cuomo’s birthday party (Credit: Getty Images, iStock)

Big Real Estate facing new limits on NY state campaign contributions

arrow_forward_ios