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Reading: NYC mayoral candidate Zellnor Myrie raises sufficient money to unlock $2.3M in public matching funds
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NEW YORK DAWN™ > Blog > Politics > NYC mayoral candidate Zellnor Myrie raises sufficient money to unlock $2.3M in public matching funds
NYC mayoral candidate Zellnor Myrie raises sufficient money to unlock .3M in public matching funds
Politics

NYC mayoral candidate Zellnor Myrie raises sufficient money to unlock $2.3M in public matching funds

Last updated: January 14, 2025 10:47 am
Editorial Board Published January 14, 2025
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Brooklyn state Sen. Zellnor Myrie’s mayoral marketing campaign has raised sufficient cash from sufficient donors to unlock greater than $2.3 million in public matching funds this week, in response to a memo from his crew.

Myrie, who’s amongst greater than a half dozen candidates working towards Mayor Adams in June’s Democratic major, has pulled in a complete of $647,449 from greater than 3,300 particular person donors since launching his marketing campaign in Might 2024, the memo says.

The memo, supplied to reporters by Myrie’s marketing campaign forward of Wednesday’s public fundraising disclosure deadline, says that $301,981 of his whole haul got here from greater than 1,500 New York Metropolis residents, surpassing the thresholds required to change into eligible for matching funds.

Because of this, Myrie’s memo says he’s anticipating to obtain some $2.35 million in matching funds from the Marketing campaign Finance Board on Wednesday.

“New Yorkers from across all five boroughs are coming together to support Zellnor because they are ready for fresh, new leadership in City Hall,” stated Myrie spokeswoman Monica Klein. “With more than 3,300 donors behind him, Zellnor is building the momentum needed to power his campaign and rebuild our city.”

State Senator Zellnor Myrie on Nov. 19, 2024. (Picture by Michael M. Santiago/Getty Photographs)

Myrie’s matching funds motion offers him a lift because the June 24 Democratic mayoral major looms simply six months away.

Nonetheless, Myrie, who has made combatting town’s housing disaster a key focus of his mayoral marketing campaign, noticed his fundraising sluggish in current months.

In the newest interval, spanning between Oct. 8 and this previous Saturday, Myrie drew $183,489 in donations, his marketing campaign stated. That’s considerably lower than the $326,415 he raised between his mid-Might marketing campaign launch and the July 11 periodic submitting deadline.

A Myrie adviser sought to downplay his drop in donations, saying his marketing campaign centered in the newest stretch on surpassing the matching fund thresholds.

Previous to this week, solely former Metropolis Comptroller Scott Stringer’s mayoral marketing campaign had change into eligible for matching funds, drawing down some $2 million within the essential public cash on Dec. 16. A number of different mayoral candidates, together with Comptroller Brad Lander, say they’ve since additionally met the thresholds required to obtain matching funds this week.

Mayor Eric Adams speaks during press availability at City Hall on Tuesday, Jan. 7, 2025 in Manhattan, New York. (Barry Williams/ New York Daily News)Mayor Adams at Metropolis Corridor on Jan. 7, 2025. (Barry Williams/ New York Day by day Information)

Although Adams had met the donation thresholds, the Marketing campaign Finance Board denied him matching funds final month over issues about his federal corruption indictment, which alleges he took unlawful straw donations and bribes, principally from Turkish authorities operatives, in alternate for political favors.

Adams, who has pleaded not responsible, might enchantment the board’s denial, however hadn’t performed so in time for this week’s payout. Adams, who sat on $3.1 million in non-public funds as of the tip of the final reporting interval, has stated he’ll run for reelection even when he doesn’t get any matching funds.

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