REPORT: Gov. Cuomo got $100k from developer, then signed law giving it big tax breaks
Twin $50,000 donations were made to Andrew Cuomo’s campaign by two companies that have the same address as Extell Financial Services, which is part of Extell Development Co. — one of five developers to receive hefty tax relief thanks to a bill signed by the governor two days after the contributions.
An aide to New York Gov. Andrew Cuomo, pictured, says it's 'beyond reckless' to suggest he was influenced by donations. Companies related to to Extell Development Co. happened to contribute $100,000 total to the governor's campaign on the day state legislators passed a bill outlining breaks for developers including Extell.
ALBANY — A top development company donated $100,000 to Gov. Cuomo just days before he signed a bill that quietly showered the firm with lucrative tax breaks.
Two corporations tied to Extell Development each contributed $50,000 to Cuomo’s campaign, which recorded the checks on Jan. 28 — the same day the Assembly passed a housing bill that contained tax breaks for five developers, including Extell, records show.
Cuomo signed the legislation two days later.
The twin $50,000 donations were made by Elco Master LLC and 134 W 58 LLC. Each listed the same Louisville, Ky., address of Extell Financial Services, which is part of Extell Development. It was the first time either company contributed to Cuomo, state records show.
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Twin $50,000 donations were made to Andrew Cuomo’s campaign by two companies that have the same address as Extell Financial Services, which is part of Extell Development Co. — one of five developers to receive hefty tax relief thanks to a bill signed by the governor two days after the contributions.
An aide to New York Gov. Andrew Cuomo, pictured, says it's 'beyond reckless' to suggest he was influenced by donations. Companies related to to Extell Development Co. happened to contribute $100,000 total to the governor's campaign on the day state legislators passed a bill outlining breaks for developers including Extell.
ALBANY — A top development company donated $100,000 to Gov. Cuomo just days before he signed a bill that quietly showered the firm with lucrative tax breaks.
Two corporations tied to Extell Development each contributed $50,000 to Cuomo’s campaign, which recorded the checks on Jan. 28 — the same day the Assembly passed a housing bill that contained tax breaks for five developers, including Extell, records show.
Cuomo signed the legislation two days later.
The twin $50,000 donations were made by Elco Master LLC and 134 W 58 LLC. Each listed the same Louisville, Ky., address of Extell Financial Services, which is part of Extell Development. It was the first time either company contributed to Cuomo, state records show.
Read More