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January 29, 2010
Real Estate Interests Help Cuomo Gain a Big Edge
New York Times
By Christine Haughney
The real estate industry seems to prefer Andrew Cuomo as governor over incumbent David Paterson.
As Attorney General Andrew M. Cuomo readies his candidacy for governor, one industry is helping him amass a huge fund-raising advantage: real estate.
The real estate industry, which Attorney General Andrew M. Cuomo helps oversee, has been his top giver, even as it has hit hard times.
New records show that even as the industry has confronted its worst crisis in decades, developers, construction executives and real estate lobbyists have given millions of dollars to Mr. Cuomo, providing one in every five dollars over the past six months
It will come as little surprise that Bruce Ratner is on the list of donors to Cuomo.
Other prominent givers included Lloyd Goldman, an owner of the World Trade Center site; Bruce C. Ratner, the Atlantic Yards developer; Steven Roth, the chief of Vornado Realty Trust; Stephen M. Ross, the chief of the Related Companies; and Richard Lefrak, whose family developed Lefrak City in Queens and owns tens of thousands of apartments.
NoLandGrab: Since he doesn't seem to have Ratner's backing, maybe Governor Paterson can finally give Atlantic Yards a promised "objective and fair hearing."
Posted by steve at January 29, 2010 4:49 AM