Thank you for your efforts, Governor Cuomo
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.
And less than three weeks after the bill became law, Extell President Gary Barnett donated $100,000 to a state Democratic Party account that Cuomo was tapping to finance ads pushing his agenda. Records dating to 1999 show it was the only time he gave to the state party.
The Daily News first disclosed the tax breaks for the five developers in June. At the time, the sponsors couldn’t say who picked the projects for special treatment.
Read more at the NY Post
I told you he belongs in jail
Cuomo is only following the lead of his president. How is this different than providing big loans to alternative energy companies owned by cronies and then allowing them to declare bankruptcy and leave with the money?