Hochul raised record-breaking $60M to win term as governor — spending roughly $20 per vote

Democrat Kathy Hochul raised a record-shattering $60 million-plus to win election to a full time period as governor in a surprisingly shut race in opposition to Republican challenger Lee Zeldin, a high finance marketing campaign chief boasted in a word to supporters.

Meaning Hochul raised — and certain spent — almost $20 for every of the three million votes she acquired.

A lot of the cash was raised from entities with enterprise earlier than the state — together with donors who function casinos searching for a license in New York, movie corporations that profit from tax credit, hashish corporations, contributors from the huge well being care trade who run or work at hospitals and nursing properties, and different state contractors and public worker unions.

“As you all know by now, New York has elected Governor Kathy Hochul to a full time period. A historic marketing campaign in not solely that she is the primary feminine to carry this workplace, but in addition that our finance group broke many data, elevating over 60 million dollars in complete!,” Mackenzie Wasilick, finance chief of employees at Pals for Kathy Hochul, mentioned in a message to supporters on her LinkedIn web page.

“Over the previous 14 months, we now have executed over 340 fundraisers, in addition to numerous conferences and hours of name time,” she added.

One of many marketing campaign employees she thanked for elevating donations was James Tebele.

Supporters of New York State Governor Kathy Hochul during a campaign event.
Gov. Kathy Hochul raised almost $20 for every of the three million votes she acquired.
James Keivom

He’s the son of Charlie Tebele, whose New Jersey-based Digital Devices rating a no-bid, $637 million, overpriced emergency contract to supply COVID-19 assessments after internet hosting a fundraiser for Hochul and elevating over $300,000 for her marketing campaign that critics slammed as a corrupt “pay-to-play” deal.

Hochul denied any wrongdoing within the no-bid award to Digital Devices, saying in September, “I'd try this yet again.”

Authorities watchdog teams decried the particular curiosity cash that flooded Hochul’s marketing campaign.

“Sixty million dollars is a staggering amount of cash. It’s not nice information for democracy,” mentioned John Kaehny, director of Reinvent Albany.

Governor Kathy Hochul celebrates her victory.
Gov. Kathy Hochul raised a minimum of 50 p.c extra in donations than Gov. Andrew Cuomo generated in 2018.
James Keivom

He mentioned Albany wants a brand new legislation to severely prohibit or ban donations from entities that bid or have been awarded authorities contracts, or produce other enterprise earlier than the state. Such limitations are in place within the New York Metropolis authorities.

A brand new legislation that kicks in for statewide races in 2026 tightens contributions limits for governor from $69,700 to $18,000.

Hochul raised a minimum of 50 p.c extra in donations than her predecessor, three-term Gov. Andrew Cuomo, generated in 2018. Cuomo resigned final 12 months amid sexual misconduct and harassment accusations and Hochul, his handpicked lieutenant governor, succeeded him as governor.  

Her marketing campaign additionally vastly outraised Zeldin’s, which generated about $27 million in donations.

Lee Zeldin takes the stage at Ciprians as the election comes to a close.
Lee Zeldin’s marketing campaign raised lower than half of Gov. Kathy Hochul’s funding.
Matthew McDermott

However outdoors pro-Zeldin tremendous PACs helped reduce into Hochul’s fundraising benefit. Conservative billionaire Ronald Lauder raised $10 million for the Secure Collectively New York, then ran advertisements attacking Hochul.

Kaehny of Reinvent Albany mentioned a brand new legislation additionally is required to rein in spending by tremendous PACs, that are used to get round contribution limits on fats cats giving on to candidates.

Wasilick, in the meantime, saluted Hochul’s fundraising group for a job nicely achieved.

“Our excellent finance group was led by Abby Erwin, Casey Ryan, Sarah Sellman, and Justin Kim. We'd be nowhere with out our compliance supervisor Helena Essex, in addition to a few of the best associates within the nation: Noah Genson, Drew Thomas, Carmen P., James Tebele, Paige Phillips, and Laurella Dolan,” she mentioned in her message.

“And naturally, our consulting group: Sash Gluck, Tuckkr Inexperienced, Allison Romer, and Ryan Belcher,” Wasilic mentioned. 


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