McGuire, Yang, Adams keep the cash flowing as mayoral race tightens

Cash continues to pour into the Democratic mayoral major as the eight main candidates racked up one other $6.9 million in contributions over the final two months, figures filed with the Campaign Finance Board present.

With little unbiased polling accessible, the fundraising totals present a vital glimpse into how a slew of main newspaper endorsements and the first debate in the Democratic major have shifted the terrain of the race.

Andrew Yang — the tech entrepreneur and 2020 Democratic Party presidential lengthy shot who turned the race the other way up when he obtained in — reported elevating $1.4 million between March 12 and May 17. Slightly greater than half the cash he raised got here from inside New York City, the filings present.

Thanks to the $3.8 million in matching public funds he’s already obtained from the CFB, Yang’s marketing campaign will enter the closing weeks of the major race with $2.6 million in the financial institution.

May 20, 2021: Eric Adams seen at the rally as he received endorsement of UNITE HERE! Local 100 for mayor in front of Yankee Stadium.
Eric Adams is available in proper behind Andrew Yang in donations over the most up-to-date time interval.
Lev Radin/Sipa USA

Yang has been battling it out in for first place in the polls with Brooklyn Borough President Eric Adams, who raised one other $900,000 over the two-month time interval. His marketing campaign enters the closing weeks of the major race with an estimated $6 million in cash, in response to an evaluation of CFB figures.

Adams marketing campaign spokesman Evan Thies claimed their haul will permit Adams to obtain one other slug of cash from the metropolis’s beneficiant public matching system, making certain the assets to max out the metropolis’s spending limits.

CFB guidelines dictate that candidates who obtain public assist — like The Post-endorsed Adams and Yang — can’t spend greater than $10.9 million throughout the major.

Mayoral candidate Kathryn Garcia attending a rally demanding more monney for Foster Care kids.
Mayoral candidate Kathryn Garcia attending a rally demanding extra monney for Foster Care youngsters.
William Farrington

The cap will stay in place until a candidate who shouldn’t be in the public matching system raises or spends greater than $21.9 million.

The experiences, filed Friday, additionally gave new proof that former Sanitation Commissioner Kathryn Garcia‘s marketing campaign is continuous to select up steam after netting the endorsement of The New York Times.

She raised greater than $661,000 between March and May — practically triple the $283,000 she reported throughout the first two months of the yr. Her marketing campaign says that may give her entry to a different tranche of public cash probably value $2.5 million.

Mayoral candidate Ray McGuire with "Law and Order: SUV" actress Stephanie March in Times Square to discuss his goals if he were to become mayor of NYC.
Mayoral candidate Ray McGuire with “Law and Order: SUV” actress Stephanie March in Times Square to debate his objectives if he had been to develop into mayor of NYC.
G.N.Miller

In phrases of complete {dollars}, former financier Ray McGuire led the area in fundraising from non-public sources, pulling in $2.4 million over the two-month interval, exhibiting that his supporters are prepared to proceed reducing checks even as his marketing campaign struggles to catch hearth in the polls.

The ex-CitiBank govt will enter the closing weeks of the race with $5.3 million in the financial institution for tv advertisements and different wants as he makes an attempt to satisfy the lofty expectations he launched with at the begin of the race.

McGuire is the solely main Democratic candidate to have opted out of the public financing system.

Mayoral Candidate Scott Stringer Attends Press Conference On Ethics Reform.
Scott Stringer solely netted $269,000 over the interval.
RCF/MEGA

City Comptroller Scott Stringer raised only a fraction of what Adams introduced in, bringing in $269,000.

Over the two month interval coated by the report, Stringer’s mayoral hopes had been hit by allegations he sexually harassed a lady who did unpaid work for his failed 2001 bid for public advocate, Jean Kim.

Dianne Morales took in just a little under $300,000.
Dianne Morales took in just a bit beneath $300,000.
Andrew H Walker/Shutterstock

However, Stringer’s marketing campaign identified that he raised $50,000 extra this reporting cycle than he did throughout the previous two month interval — however declined to supply the quantity of cash they at present have readily available.

The filings present the longtime Manhattan politician was even narrowly outraised by political beginner and lefty favourite, Dianne Morales. She netted $297,000 in donations over the two month interval.

Meanwhile, former prime de Blasio adviser Maya Wiley and former prime Bloomberg official Shaun Donovan nearly tied in fundraising. Donovan, who additionally served as President Obama’s price range chief, raised $538,000 whereas Wiley introduced in $533,000.

The marketing campaign finance experiences largely again the findings of current polls that present Adams and Yang as the prime contenders in the race.

A ballot of doubtless voters in the Democratic major by the conservative-leaning Manhattan Institute discovered that Yang would rating 19 % of the first spherical vote whereas Adams will web 18 % — primarily a tie contemplating the survey’s margin of error of plus-or-minus 4.38 %.

Shaun Donovan served as Secretary of Housing and Urban Development from 2009-14.
Shaun Donovan served as Secretary of Housing and Urban Development from 2009-14.
Lev Radin/Pacific Press/Shutters

It was the first main unbiased survey of doubtless Democratic major voters since NY1/Ipsos came out in April. It gave Yang a commanding lead with 22 % of the vote, whereas Adams had simply 13 %.

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