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News Summary

As the general election approaches, New York City’s business and real estate sectors are increasingly supporting Mayor Eric Adams. Recent endorsements highlight a shift in political allegiance from former Governor Andrew Cuomo. Adams has seen significant fundraising success, raising over $1.5 million from business employees, including notable contributions from real estate firms. Supporting super PACs have also emerged as donor interest grows. Alongside these developments, Adams emphasizes public safety while balancing law enforcement and immigration policies, gaining community engagement through technology and outreach initiatives.

New York City Business Community Shifts Support to Mayor Eric Adams Ahead of General Election

New York City is witnessing a notable shift in political support within its business and real estate sectors, with Mayor Eric Adams gaining favor over former Governor Andrew Cuomo. This change signals evolving alliances ahead of the upcoming general election and highlights the economic community’s preferences for leadership aligned with their interests.

Growing Business Support for Mayor Adams

Recent reports indicate that several prominent business leaders and organizations are increasingly backing Mayor Adams, citing dissatisfaction with Cuomo’s campaign strategies and perceived lack of progress. Adams has reported significant fundraising success from sectors associated with business and real estate, demonstrating his rising influence among economic stakeholders.

At a recent fundraising event held in Florida, hosted by influential figures aligned with former President Trump, Adams highlighted that the event alone raised approximately $1 million. His campaign finance disclosures further reveal that he has collected over $1.5 million from employees in the business and real estate communities within New York City. Notably, employees of SL Green, a major real estate firm planning to build a casino in Times Square, contributed nearly $70,000 to his campaign.

Key Donors and Financial Backing

The chairman of SL Green, Marc Holliday, publicly praised Adams for his pro-business stance and active social engagement, which has resonated with donors. Additionally, a super PAC supporting Adams, named Empower NYC, reported raising roughly $425,000. The organization observed a surge in interest among donors since the primary election concluded further indicating Adams’ increasing appeal.

Among the largest individual contributions to Adams’ campaign was a $250,000 donation from the head of Extell Development, a prominent real estate developer. Meanwhile, some supporters of Cuomo, such as members of the New York Apartment Association, remain undecided in a crowded race and are monitoring the evolving political landscape.

Public Safety and Law Enforcement

A recent shooting involving a CBP officer has brought public safety to the forefront of the campaign discourse. The officer is currently hospitalized in stable condition, following an incident in the city, with two suspects already arrested. Mayor Adams has voiced his support for law enforcement, emphasizing efforts to apprehend violent offenders while maintaining opposition to broader immigration enforcement actions targeting undocumented individuals, which he considers harmful to community relations.

Adams attributes the recent violence, including the officer shooting, to bail reform laws enacted during Cuomo’s administration, which he describes as contributing to what he terms a “revolving door criminal justice system.” These remarks underscore his focus on criminal justice policies that impact city safety and public confidence.

Relations with Federal Agencies and Community Engagement

Despite scrutiny over his dealings with the federal government, Adams insists that he maintains an independent stance. He has participated in initiatives to improve communication on public safety, such as collaborating with the Citizen app to deliver real-time alerts regarding incidents in neighborhoods.

Furthermore, Adams has committed to addressing residents’ concerns about crime by visiting public housing projects managed by NYCHA and engaging directly with community members. An example of his public outreach includes a community event where he accepted a challenge to perform pull-ups on a street light, promoting the “Pull-up for Peace Challenge,” a campaign aimed at encouraging positive community interactions and reducing violence.

Background and Political Context

The shifting support within New York City’s business circles reflects broader political dynamics and the importance of local economic interests in elective outcomes. Adams’ rising financial backing and engagement strategies suggest an effort to position himself as both a public safety-focused leader and a pro-business ally, appealing to diverse constituencies. Meanwhile, opposition figures and undecided voters continue to evaluate the race amid the evolving political landscape and recent incidents emphasizing the city’s ongoing safety challenges.

As the city approaches the general election, the support from business leaders and their willingness to contribute to Adams’ campaign highlight the critical role of economic stakeholders in shaping the next mayor’s policies and priorities.

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STAFF HERE BALTIMORE WRITER
Author: STAFF HERE BALTIMORE WRITER

BALTIMORE STAFF WRITER The BALTIMORE STAFF WRITER represents the experienced team at HEREBaltimore.com, your go-to source for actionable local news and information in Baltimore, Baltimore County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Baltimore Book Festival, Preakness Stakes, and Artscape. Our coverage extends to key organizations like the Baltimore Chamber of Commerce and Visit Baltimore, plus leading businesses in shipping and healthcare that power the local economy such as the Port of Baltimore and Johns Hopkins Medicine. As part of the broader HERE network, we provide comprehensive, credible insights into Maryland's dynamic landscape.

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