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NYC Mayor’s Race: Speaker Adams unlocks $2.4M in matching funds, as Cuomo will get one other $675K withheld | New York News

newyork-newsBy newyork-newsMay 30, 2025No Comments5 Mins Read
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NYC Mayor’s Race: Speaker Adams unlocks .4M in matching funds, as Cuomo will get one other 5K withheld | New York News
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Former Gov. Andrew Cuomo (left) and Metropolis Council Speaker Adrienne Adams, who’re each working within the June 24 Democratic main for mayor.

Pictures by Lloyd Mitchell

Town Marketing campaign Finance Board voted throughout a Friday assembly to award Metropolis Council Speaker Adrienne Adams’ mayoral marketing campaign with $2.4 million in public matching funds — cash that may give her bid the flexibility to air TV advertisements within the remaining weeks earlier than the June 24 main.

On the similar time, the CFB dealt one other blow to front-runner Andrew Cuomo by withholding a further $675,000 from his marketing campaign, citing its continued “reason to believe” that the marketing campaign illegally coordinated with an excellent PAC supporting it. The CFB has now withheld practically $1.3 million in matching funds from Cuomo, after withholding $622,000 from it earlier this month, over its preliminary discovering of improper coordination between his marketing campaign and the PAC — generally known as “Fix the City.”

Speaker Adams’ marketing campaign took a victory lap over the board’s Friday determination, attributing her unlocking thousands and thousands in matching funds to the “energy and enthusiasm” behind her candidacy.

“Adrienne is in it for us,” stated Adams’ spokesperson, Lupe Todd-Medina, in a press release. “She is the candidate with the record and vision for an affordable, prosperous and safe New York City for all – and you can expect to see our campaign aggressively continue to make the case for Adrienne in the coming days.”

The speaker has now raised over $2.7 million in non-public and public funds mixed. And she or he can have over $2.2 million within the financial institution, in response to CFB information.

“With these funds, the campaign anticipates an aggressive, on-the-ground and over-the-airwaves blitz in the final stretch as momentum continues to build for Adrienne’s effective leadership,” Todd-Medina stated.

Speaker Adams obtained matching funds after certainly one of her rivals, Queens Meeting Member Zohran Mamdani, inspired his supporters to donate to her marketing campaign so she might meet the mandatory threshold forward of the fundraising deadline final week. Mamdani has maxed out his personal fundraising, and the 2 candidates—who’re each backed by the New York Working Households Occasion—are aligned in opposition to Cuomo.

Throughout Friday’s assembly, CFB  member Richard Davis learn a press release explaining the board’s determination to withhold much more matching funds from Cuomo’s marketing campaign. He stated Repair the Metropolis reported spending one other $675,000 on persevering with to air its Could 4 advert, which led to the board’s preliminary determination earlier this month, that was “not independent of the campaign.”

“The board continued an investigation into this matter and based on the findings of this investigation thus far, continues to find reason to believe that the expenditure was not independent of the Cuomo campaign,” Davis stated. “The board will continue to investigate the issue of improper coordination.”

When the CFB withheld the preliminary sum from Cuomo on Could 12, Davis stated it discovered that Cuomo’s marketing campaign might have violated marketing campaign finance guidelines by participating in a follow generally known as “redboxing,” which entails making “strategic information or data” publicly obtainable to entities it “knew or should have known” would use it. On this case, the board believes Cuomo’s marketing campaign made video clips and different info obtainable on its web site for teams like Repair the Metropolis to make use of in TV advertisements in violation of board guidelines.

Davis stated the $1.3 billion it’s docking from Cuomo will nonetheless depend towards his marketing campaign’s $8.3 million spending restrict.

In response, Cuomo spokesperson Wealthy Azzopardi insisted Friday’s ruling is a “continuation” of its “unfounded position” and that the marketing campaign is in “full compliance” with metropolis marketing campaign finance regulation and guidelines.

“Everything on our website was reviewed and approved by our legal team in advance of publication,” Azzopardi stated. “We have submitted documentation to the board that we believe demonstrates that this was not a violation of the regulations, and we look forward to addressing any additional questions they have. This is not a final determination.”

The most recent hiccup with Cuomo’s fundraising is a part of a sequence of missteps in his dealings with town’s marketing campaign finance system. He was initially denied an identical funds fee in April attributable to widespread points with the documentation that his marketing campaign submitted to the board, which have since been corrected.

Regardless of the board’s Friday determination, it nonetheless awarded Cuomo a brand new $1.7 million disbursement. That comes on high of the roughly $5.4 billion Cuomo has already amassed in non-public and public funds — bringing his whole quantity raised to over $7.1 million.

“The so-called ‘competence candidate’ has once again illegally conspired with his Super PAC — costing him another $675K in matching funds,” Mamdani stated in a press release. “Andrew Cuomo breaks the law, mishandles money, and bends the knee to billionaires so much you’d think he’s running to be Donald Trump, not mayor of New York City.”

2.4M 675K Adams amNewYork Cuomo funds matching Mayors NYC race Speaker unlocks withheld
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