Three developers slapped on wrist for de Blasio donations

Two of the three developers are linked to Brookfield Financial Properties

Brookfield's Ric Clark and an aerial view of the Greenpoint Landing development site (Credit: Google Maps)
Brookfield's Ric Clark and an aerial view of the Greenpoint Landing development site (Credit: Google Maps)

Three developers made improper donations to the mayor while pursuing business with the city, according to a settlement reached today as part of an ongoing investigation.

Greenpoint Landing Developers, Brookfield Financial Properties and Toll Brothers donated a total $125,000 to Campaign for One New York, a fundraising organization set up by Mayor Bill de Blasio to promote his agenda of expanding prekindergarten.

Brookfield gave the campaign $50,000 in 2015 while it was lobbying the city and will pay a $30,000 penalty. Greenpoint Landing Developers, which is a partnership between Brookfield and George Klein’s Park Tower Group, also made a $50,000 donation to the de Blasio funding organization and was fined $20,000. Toll Brothers also gave $25,000 at the request of the mayor, the investigation found, and will pay $15,000 for the misstep.

Sign Up for the undefined Newsletter

The mayor’s fundraising entity has since been closed and the Joint Commission on Public Ethics did not find that the mayor violated the law, according to a statement from a mayoral spokesman to Politico. The fundraising organization was shuttered in 2016 amid a probe by Manhattan District Attorney Cy Vance and the remaining funds were transferred to an organization to promote the mayor’s housing agenda.

[Politico] — Georgia Kromrei