Bloomberg Donates $5M to Cuomo's NYC Mayoral Campaign
Former NYC mayor backs Cuomo as Democratic primary approaches
Former New York City Mayor Michael Bloomberg has contributed $5 million to a political action committee supporting Andrew Cuomo's candidacy for New York City mayor. The substantial donation comes approximately ten days before the city's Democratic primary election. This contribution adds to Bloomberg's previous political spending of $2.6 million during the current election cycle.
Cuomo, who previously served as New York's governor, faces several challengers in the Democratic primary including New York Assemblyman Zohran Mamdani, City Comptroller Brad Lander, and Councilwoman Adrienne Adams. Bloomberg formally endorsed Cuomo earlier this week despite past political differences between the two when their terms in office briefly overlapped. Bloomberg cited Cuomo's management experience and government knowledge as factors in his endorsement decision.
KEY POINTS
- •Bloomberg gives $5M to pro-Cuomo PAC
- •NYC mayoral primary in 10 days
- •Polls show narrowing race for Cuomo
Recent polling indicates a competitive race despite Cuomo's initial double-digit lead in earlier surveys. A poll conducted by Data for Progress for a super PAC supporting Mamdani suggests a close contest, with Cuomo potentially defeating Mamdani by a narrow 51% to 49% margin after eight rounds of ranked-choice voting. In response to Cuomo's candidacy, competitors Mamdani and Lander have endorsed each other in an apparent strategic alliance.
New York City utilizes a ranked-choice voting system for its mayoral elections, allowing voters to rank multiple candidates in order of preference. Lander's campaign has reportedly gained momentum following an endorsement from the New York Times opinion panel. According to recent polling data, Lander currently holds third position in the mayoral race as the June 23 primary approaches.