Friday, October 10, 2008

Post: FCR, allies funnel at least $680K to Markowitz's "pseudo campaign accounts"

It's not just, as I wrote last month (citing the Brooklyn Paper), that six-figure Forest City Ratner contributions fuel Markowitz's popular concert series.

The New York Post follows up, reporting that the developer, as well as allied contractors, "have quietly funneled at least $680,000 to three nonprofits set up by Markowitz," promoting his charitable endeavors and concert series.

While campaign contributions are limited to a few thousand dollars, the nonprofits offer something of a loophole. The Post quotes Dick Dadey of the Citizens Union: "Affiliated nonprofits should not be used as pseudo campaign accounts."

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