Company Donated $100,000 to Cuomo Just Days Before He Signed Law Granting Them Hefty Tax Breaks

Is pay to play alive in New York State?  For the record, I did not type that with a straight face.  At all.  That’s what we in the business refer to as a ‘rhetorical question.’

Via the Daily News:

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.

Furthermore, Extell President Gary Barnett donated another $100,000 three weeks later to a state Democrat Party entity designed to push the governor’s agenda.  And more recently, Barnett donated another $25,000 in May to the Democratic National Committee.

Of course, it’s easy to make such political donations when your company stands to get tax breaks that will cost the city of New York $35 million.

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