CULTURE OF CORRUPTION: Real estate firm with deep ties to de Blasio poised to profit from Soho rezoning.

Mayor Bill de Blasio’s Soho rezoning plan may not be popular with area residents — but a real estate company with deep ties to the mayor is sure loving it.

Edison Properties stands to reap a major windfall if the plan is approved.

The company owns property in the area that would be prime locations for new residential towers and retail spaces.

Edison Properties — whose former chairman Jerome Gottesman and retired CEO Steve Nislick were major contributors to de Blasio’s political career — controls two parking lots in key parts of the redevelopment project that would be prime locations for new residential towers and retail spaces.

We are primarily funded by readers. Please subscribe and donate to support us!

Gottesman, who died in 2017, donated the maximum contribution of $4,950 to de Blasio’s reelection campaign.

His cousin Nislick, who retired from Edison in 2012, steered $25,000 of company funds to de Blasio’s scandal-scarred Campaign for One New York, gave $4,950 to his first mayoral campaign, and backed an ad blitz that helped sink the candidacy of his 2013 rival Christine Quinn.

Nislick co-founded New Yorkers for Clean, Livable and Safe Streets or NYCLASS, which works to ban horse-drawn carriages from city streets.

nypost.com/2020/10/16/real-estate-firm-with-de-blasio-ties-expected-to-profit-from-rezoning/

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.