Big real estate donors have a habit of sticking with politically moderate incumbents they perceive to be doing an honest job. This 12 months appears no different. Ms. Hochul, the incumbent in query, has continued to haul in donations from landlords and developers.
Jerry Speyer, the chairman of Tishman Speyer, which owns Rockefeller Center, donated $50,000 to Ms. Hochul’s campaign in April. Donald Capoccia, the managing principal of Brooklyn-based developer BFC Partners, donated $25,000. James L. Dolan, who controls Madison Square Garden — which sits atop the Penn Station Ms. Hochul is renovating — donated $69,700.
“In the true estate business, you’re only as strong because the communities where you’re doing business,” Mr. Rechler, who was certainly one of former Gov. Andrew M. Cuomo’s biggest donors, said in an announcement. “Governor Hochul recognizes that to construct stronger communities it’s worthwhile to put money into infrastructure, concentrate on quality of life and prioritize public safety.”
Suozzi releases his tax return
On the day that candidates for governor faced a deadline to release fund-raising information, Mr. Suozzi selected to also make his tax return available to reporters. On each counts, Mr. Suozzi trails the governor.
Ms. Hochul and her husband, William J. Hochul Jr., reported a joint taxable income of $825,000 this 12 months, greater than twice the combined income of Mr. Suozzi and his wife.
Mr. Hochul, a high-ranking executive at Delaware North, a hospitality company and state concessionaire, earned the majority of the couple’s income: $547,434 from his job at Delaware North. The $363,494 in joint taxable income from Mr. Suozzi and his wife, Helene Suozzi, includes $152,645 in wages — a overwhelming majority of it from Mr. Suozzi’s congressional salary — and $136,339 in capital gains.
The Suozzis have a smattering of investments, including a rental office property in Glen Cove, N.Y., that garnered $18,360 in rental income in 2021, and an investment in a Southampton day camp, which earned them $12,677 in passive income.