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Huge actual property donors have a behavior of sticking with politically reasonable incumbents they understand to be doing a good job. This 12 months seems no totally different. Ms. Hochul, the incumbent in query, has continued to haul in donations from landlords and builders.
Jerry Speyer, the chairman of Tishman Speyer, which owns Rockefeller Middle, donated $50,000 to Ms. Hochul’s marketing campaign in April. Donald Capoccia, the managing principal of Brooklyn-based developer BFC Companions, donated $25,000. James L. Dolan, who controls Madison Sq. Backyard — which sits atop the Penn Station Ms. Hochul is renovating — donated $69,700.
“In the true property enterprise, you’re solely as sturdy because the communities the place you’re doing enterprise,” Mr. Rechler, who was certainly one of former Gov. Andrew M. Cuomo’s greatest donors, mentioned in an announcement. “Governor Hochul acknowledges that to construct stronger communities you should put money into infrastructure, concentrate on high quality of life and prioritize public security.”
Suozzi releases his tax return
On the day that candidates for governor confronted a deadline to launch fund-raising info, Mr. Suozzi selected to additionally make his tax return accessible to reporters. On each counts, Mr. Suozzi trails the governor.
Ms. Hochul and her husband, William J. Hochul Jr., reported a joint taxable revenue of $825,000 this 12 months, greater than twice the mixed revenue of Mr. Suozzi and his spouse.
Mr. Hochul, a high-ranking govt at Delaware North, a hospitality firm and state concessionaire, earned the majority of the couple’s revenue: $547,434 from his job at Delaware North. The $363,494 in joint taxable revenue from Mr. Suozzi and his spouse, Helene Suozzi, contains $152,645 in wages — a overwhelming majority of it from Mr. Suozzi’s congressional wage — and $136,339 in capital features.
The Suozzis have a smattering of investments, together with a rental workplace property in Glen Cove, N.Y., that garnered $18,360 in rental revenue in 2021, and an funding in a Southampton day camp, which earned them $12,677 in passive revenue.
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