200,000 reasons why Cuomo is a now a big Islanders fan

 

Field of Schemes

As I’ve often pointed out in this space, political corruption is seldom as simple as a quid pro quo, where a politician backs a favored project solely in exchange for campaign donations. There are other factors at work — wanting to have big shiny projects they can use to show they’re allegedly creating jobs, wanting to please “growth coalitions” of business leaders who band together behind development deals, wanting the damn lobbyists to finally go away — that are equally if not more effective than outright bribes.
 
That said, handing over stacks of twenties is a time-honored way to at least say thank you for services rendered. And according to campaign finance records compiled by Newsday, New York Gov. Andrew Cuomo collected more than $200,000 worth of small bills in recent weeks in the wake of his support of the New York Islanders‘ new arena at Belmont Park:

Cuomo received $50,000 from Scott Malkin, and another $50,000 from Jon Ledecky, with both contributions listed as occurring on July 10, according to state campaign finance records. Ledecky and Malkin are the co-owners of the New York Islanders, who are in the midst of building themselves a new arena at Belmont. Belmont is state-owned land – and the project’s approval came after strong support from Cuomo.

Adding to the Belmont sundae just a few days later, an entity referred to in campaign finance data as Sterling Mets LP provided another $50,000 to Cuomo’s political coffers. Sterling Project Development, the real estate arm of Sterling Equities, the owner of the New York Mets, is partnering with the Islanders on the Belmont effort.

The cherry on top came from Oak View Group – another partner in the Belmont effort. Oak View itself contributed $5,000 on July 8. But Oak View chief executive Timothy Leiweke gave Cuomo $50,000 on July 8, and another $3,000 on July 14.

Is $203,000 in donations a lot? Cuomo’s relection campaign committee raked in just over $2 mllion in the last six months, so the Islanders developers’ cash amounted to about 10% of his total take, which is significant if not overwhelming. Though Cuomo has long relied heavily on donations from big developers and other donors with business before the state, so you can certainly argue that the promise of campaign cash is what got the Belmont arena team a seat at the table, even if it didn’t buy them the entire table. 



Islanders lost in OT