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Ratner gave $10,000 to Cuomo's campaign, but it's probably not about real estate any more

Developers and landlords poured cash into Cuomo campaign, Crain's New York Business reported 7/17/19, indicating that a disproportionate share from real estate went to Gov. Andrew Cuomo as the state Legislature pursued rent regulation and closed the LLC loophole.

Several real estate figures gave $25,000 or more, and the article cites "Forest City Ratner's Bruce Ratner" as among those contributing $10,000.

Indeed, that's Ratner's most recent campaign contribution, made in June, and he maintained the same MetroTech address, as shown in the screenshot below.


However, Forest City--whether Forest City Ratner/Forest City New York or Forest City Enterprises/Forest City Realty Trust--doesn't exist anymore, having been absorbed at the end of last year by Brookfield Asset Management.

And while Ratner may own some income-producing real estate (such as 500 Sterling) separately from his former company, his main role these days is as chairman of the Museum of Jewish Heritage.

Then again, that kind of contribution is probably the cost of being a player, and making sure someone in the governor's office will take your calls.

Also, as the screenshot shows--and, as I wrote last November--Ratner, after contributing $2,500 to the Democratic primary campaign of Attorney General Candidate Sean Patrick Maloney, then gave $10,000 to the general election campaign of Democratic nominee (and eventual winner) Letitia James. He also gave $5,000 to Alfonse D'Amato's PAC Renew New York.

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