REBNY $$$ trying to defeat pro-tenant candidates

 

Michael McKee writes: "All three of the Democratic candidates that the Real Estate Board of New York (REBNY) is targeting for defeat are pro-tenant, and are priorities for Tenants PAC. "

CRAIN'S INSIDER

REBNY jumps into Senate battle

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OCTOBER 2, 2014 4:32 P.M.

Jobs for New York Inc., an outside spending group that poured $8 million into New York City’s 2013 elections, is now poised to help Republicans in the high-stakes battle for the state Senate, records show.
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The treasurer of the new state-level group is William Auerbach, the chief financial officer for the Real Estate Board of New York, which ran the 2013 city-election effort for the real estate industry. On Wednesday, records show, Jobs for New York's city-level committee transferred nearly $9,000 in leftover funds into its new state-level unit.

Senate Republicans, who are struggling to hang on to power in Albany, have pursued policies friendly to the real estate industry, while Democrats are mulling pro-tenant policies if they regain the Senate. With the state Assembly solidly in Democratic hands, the outcome of the races for the Senate will determine the fate of many bills in the next two years. For instance, REBNY opposes a bill that Manhattan state Sen. Brad Hoylman recently introduced to raise taxes on pricey apartments whose owners' primary residences are elsewhere.