Stephen Ross funded group spent more than $1 million to influence New York City Council races

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Stephen Ross funded group spent over $1 million to influence New York City Council races

that Lauder, who has been a friend of Trump's for years, had yet to start raising money for the then-commander in chief's reelection campaign.

"In the event that there are competitive NYC Council races in the general election, Common Sense NYC may be involved. I personally don't anticipate more than two or three Council races being competitive in November," Jeff Leb, the PACs treasurer, said in an email to CNBC on Tuesday. Longtime New York Democratic strategist Hank Sheinkopf told CNBC that beyond the group being worried about New York in a post-pandemic world, the move by the Ross-backed PAC to spend a ton against progressive candidates for City Council represents a power play by the real estate community.

 

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