One of New York’s biggest developers is making an unexpected contribution to Mitt Romney’s presidential campaigns. No, it is not Steve Ross, head of the Related Companies and an active bundler for the Republican front runner. Nor is it Donald Trump, who once ran against Mr. Romney but now endorses him.
The secret supporter of sorts is the Durst Organization, a long-time supporter of Democratic politicians no less. The contribution is a simple clock. Read More
“Members of the public and interested organizations may also submit, by Friday, March 2, 2012, proposed New York State Congressional redistricting plans and supporting arguments,” the judge wrote in the court docket for the case.
Multiple sources inside the City Council have told The Politicker the race between Frank Seddio and Mercedes Narcisse to potentially succeed Councilman Lew Fidler in Brooklyn’s 46th District had a major impact on the vote for leadership of the Council’s Brooklyn delegation. Council members are voted to elect a chair of the Brooklyn delegation this afternoon and the main nominees were Jumaane Williams, David Greenfield and Darlene Mealy. Mr. Greenfield and Ms. Mealy won the vote and some insiders believe Mr. Williams was not elected to one of the chair positions because he hasn’t endorsed Mr. Seddio.
“If it were important for him to be Brooklyn delegation chair, he’s been told he would need to support Frank Seddio in order to ensure the votes in the delegation,” a Council insider said. “There is obviously pressure being put on Jumaane.”
Mr. Seddio vociferously denied the idea his race played a role in the Brooklyn leadership vote.
“I don’t believe that for one second that that’s the case,” he said. “I have no role in it. I’m flattered that I get something to say about something I have no title to. I wasn’t aware of it. I know nothing about it.”
Joe Carvin, a wealthy hedge-fund manager and the Rye Town supervisor in Westchester County, announced today he will be entering the Republican primary for New York’s U.S. Senate seat. If he’s successful in the primary, he will be challenging Senator Kirsten Gillibrand in November.
And to prove he’s serious, Mr. Carvin told the Wall Street Journal he will be investing $1 million into his campaign and intends to raise $5 million to $10 million more.
“I have decided to run for the office of U.S. Senate because I believe that our representatives in Washington have provided us with an economic framework that severely undermines our competitive position in the world today,” Mr. Carvin said in a statement to Gannett today.
Bonuses paid to New York City financial employees are expected to decline by 14 percent to $19.7 billion during this year’s bonus season, according to an estimate released today by State Comptroller Tom DiNapoli.
“Cash bonuses were down in 2011, reflecting a difficult year on Wall Street,” DiNapoli said. “Profits were down sharply and securities firms in New York City resumed downsizing in the second half of the year. The securities industry, which is a critical component of the economies of New York City and New York State, faces continued challenges as it works through the fallout from the financial crisis and adjusts to regulatory reforms.” Continue reading “DiNapoli Forecasts Sharp Decline In Wall Street Bonuses”→
Brooklyn’s Jewish media has not been overly nice to Democratic Councilman Lew Fidler in the last two days. Yesterday, COMMUNITY Magazineconverted itself to an almost cover-to-cover advertisement for his opponent in his campaign for the State Senate, and today, one of the most influential newspapers in the district, Hamodia, wrote a fairly scathing piece as well.
Underneath the front-page headline “Scandalous Claims,” one of the newspaper’s editors went after Mr. Fidler for insufficiently supporting tuition relief for the district’s yeshivas while boosting his Republican opponent, David Storobin. “In truth, Storobin’s conservative qualifications appear solid,” he wrote. “But for Fidler to claim the conservative mantle, in support of funding for yeshivos, is just scandalous, say people involved in yeshivah aid.”
Jia Hua, John Liu’s campaign treasurer, likely has the option to “trade up” to federal prosecutors, according to noted defense lawyer Benjamin Brafman. “If you are the campaign treasurer, and you can give them the candidate, you can get a lot of mileage in an effort to cooperate with the government.”