NYC Real Estate Bigwigs Gave Trump Victory Fund $2.2M

Some of the biggest players in real estate are apparently fans of building really big walls—and not just for their own projects.

Over a dozen real estate industry donors have given about $2.2M to the Trump Victory Fund between late May and June of this year, The Real Deal reports.

The fund is a collaboration between the Trump campaign, the Republican National Committee and Republican parties in 11 states. It was established in May.

Among the biggest donors were Kalikow & Co’s Peter Kalikow, who gave $449k (that’s just $400 below the maximum allowed donation) and Colony Capital CEO Tom Barrack, who gave $415k.

Cerberus Capital Management’s Stephen Feinberg gave $339k, and his wife, Mary, gave a matching sum.

Vector Group CEO and Douglas Elliman chairman Howard Lorber kicked in an even $100k, as did Vector Group chairman Bennett Lebow, the Witkoff Group’s Steve Witkoff and the LeFrak Organization’s Richard LeFrak (above).

The money raised through the fund can be used either to boost the Trump campaign, or it may go into the RNC’s coffers. These donations come despite years of Trump being considered, in New York real estate circles, a relatively low-level player, as well as broader fears that a Trump presidency could be catastrophic for the economy.

An amount about equal to the $2.2M raised from people in and around the real estate industry has reportedly been transferred to the Trump campaign as of Friday.

HFZ Capital Group’s Ziel Feldman and Red Apple Group’s John Catsimatidis have each given to both the Trump Victory Fund and to Hillary Clinton’s campaign. [TRD]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands