Mayor Eric Adams’ re-election campaign raised about $850,000 in his first six months in office with a big boost from the real estate industry and out-of-state donors, according to new documents.
The Democrat’s war chest was detailed in a semi-annual New York City Campaign Finance Board disclosure report released Friday.
Five of the six donors who gave Adams’ 2025 campaign the maximum donation of $2,100 are involved in real estate: Louis R. Cappelli, a Westchester developer and his wife Kylie Cappelli; David Falk, President of Newmark Knight Frank; Marjorie Kuhn, the wife of another Newmark president; and Greg Manocherian, real estate investor.
Nearly 300 donors contributed $2,000, including several other big names in real estate, according to the disclosure report.
Adams brought in more than a quarter of his campaign money from at least 20 states outside of New York as he traveled the country early in his term to expand his national profile with fundraisers in Los Angeles and Chicago.
The mayor won $24,200 from California and $40,850 from Illinois, according to the report.
Adams’ campaign raised more than $100,000 in eligible consideration and had $787,000 on hand, according to the filing.
“This filing shows strong support for Mayor Adams and his plans for the city,” said Vito Pitta, Adams’ campaign attorney.
“In the first six months alone since the campaign committee opened, it has raised over $850,000 from supporters.”
Adams raised more than $19 million for his successful 2021 bid, according to NYCCFB.
New York Post