Big real estate sponsors have a habit of sticking with politically moderate incumbents who they perceive to be doing a good job. This year appeared no different. Ms. Hochul, the incumbent mentioned, has continued to solicit donations from landlords and developers.
Jerry Speyer, president of Tishman Speyer, which owns the Rockefeller Center, donated $50,000 to Hochul’s campaign in April. Donald Capoccia, executive principal of Brooklyn-based developer BFC Partners, donated $25,000. James L. Dolan, the conductor of Madison Square Garden – located atop the Penn station that Ms. Hochul is renovating – donated $69,700.
“In the real estate business, you are only as strong as the communities where you do business,” said Mr. Rechler, who was one of Governor Andrew M. Cuomo’s biggest donors in a statement. business. “Governor Hochul recognizes that to build stronger communities, you need to invest in infrastructure, focus on quality of life, and prioritize public safety.”
Suozzi releases tax returns
On the day that governors faced deadlines to release fundraising information, Mr. Suozzi decided to make his tax returns public to reporters. On both counts, Mr. Suozzi spied on the governor.
Ms. Hochul and her husband, William J. Hochul Jr., reported total taxable income of $825,000 this year, more than double the combined income of Mr. and Mrs. Suozzi.
Hochul, a senior executive at Delaware North, a hotel company and state franchisor, earned most 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 salary – much of it from Mr. Suozzi’s congressional salary – and $136,339 in capital gains.
Suozzis has a wide range of investments, including an office property for rent in Glen Cove, NY, that generates $18,360 in rental income in 2021, and an investment in a Camping day in Southamptongiving them $12,677 in passive income.
