City’s hand-picked “third-party” groups give big $$$ to pols
By Michael Gartland | New York Daily News
PUBLISHED: May 27, 2019 at 6:15 AM EDT
Groups selected by the city to take over foreclosed properties both employ and have close ties with dozens of donors who have given generously to politicians with a say over the fate of the valuable buildings.
A Daily News analysis of for-profit and non-profit entities approved by the city to take over the “distressed” buildings found workers and directors for most of those entities donated cash to local political campaigns. Of the 37 outfits approved for the city’s controversial “third-party transfer” program, at least 21 employ or have close connections with someone who donated, campaign finance records revealed.
Political observers and critics of the program say the donations, coupled with the city picking the companies to take over the properties, many of which are in quickly gentrifying neighborhoods, raise thorny issues.
Posted on 27 May 2021, 01:05 - Category: News
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