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Bloomberg's View

Submitted by Katie Schlieper on Fri, 02/08/2008 - 21:22

New York Mayor Michael Bloomberg spoke out against the flurry of donations to mayoral candidates by real estate firms and developers in advance of the city's new donation limits going into effect, saying there was no way to look at their giving patterns as anything other than trying to curry favor. New York City is adopting new limits on contributions to candidates from entities that contract with the city. Firms impacted by those new limits spread money around several mayoral candidates in advance of the limits going into effect, which Mayor Bloomberg took them to task for: The city’s most prominent real estate firms have been flooding likely candidates with donations in recent months, and many of the companies have given identical or nearly identical amounts to three of those planning to run for mayor: the Council speaker, Christine C. Quinn; Representative Anthony D. Weiner; and the city comptroller, William C. Thompson Jr.“I happen to think it’s a disgrace,” the mayor said about the firms’ giving equally to each of those three.“I can’t think of any reason you’d do it unless you’re just trying to hedge your bets and be on the good side of every one of them,” he said. “And the only reason you want to do that is you think you’re going to get something for it.”

  • campaign contributions
  • Michael Bloomberg
  • New York

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