Mayoral frontrunner Andrew Cuomo is rolling in money after billionaire Michael Bloomberg on Friday pumped $5 million into efforts to get him elected — a record-shattering contribution that got here in simply because it additionally turned clear Cuomo’s unlikely new supporter, fellow candidate Jessica Ramos, is in deep debt.
The drastically completely different monetary outlooks for Cuomo and Ramos have been contained in marketing campaign finance filings launched Friday on the eve of the beginning of early voting within the June 24 Democratic mayoral major.
The filings painting how the sprawling major discipline is beginning to come into clearer view because the race enters its remaining stretch, with Cuomo on one finish of the spectrum as the favourite to clinch the Democratic nomination, whereas Ramos is on the opposite, with practically no shot at profitable.
Bloomberg, the billionaire former New York Metropolis mayor who endorsed Cuomo earlier this week regardless of previous tensions, despatched his $5 million contribution to Repair the Metropolis, a pro-Cuomo tremendous PAC that’s spending closely on advertisements, mailers and different messaging to advertise the previous governor’s candidacy.
A spokesman for Bloomberg, who has largely stayed away from endorsing mayoral candidates since leaving Metropolis Corridor in 2013, declined to remark.
In contrast to Cuomo’s marketing campaign, the PAC isn’t beholden to any spending or contribution limits, and with Bloomberg’s contribution, it has now raised practically $19 million. That’s greater than any unbiased expenditure in New York historical past, giving the ex-governor a monetary edge that’s all however not possible for his fellow candidates to compete with.
A kind of candidates, Ramos, is wanting particularly down for the rely, together with her newest marketing campaign finance disclosure exhibiting her practically $100,000 in debt after elevating solely round $6,000 within the newest reporting window.
The revelation about Ramos’ mounting debt comes simply days after she provided a shock endorsement of Cuomo, urging her supporters to place him second on their ranked-choice ballots.
The endorsement outraged many Democrats, provided that Ramos, a Queens state senator who considers herself a progressive, has been one of many ex-governor’s harshest critics through the years. That included her main requires him to resign in 2021 over sexual misconduct and pandemic mismanagement accusations.
Ramos has countered she’s going with Cuomo as a result of he’s extra well-equipped to guide the town at a time of assorted challenges than Zohran Mamdani, a democratic socialist Queens Meeting member who has constantly polled because the runner-up to the ex-gov.
Democratic mayoral candidate Jessica Ramos speaks throughout a Democratic mayoral major debate at NBC’s 30 Rockefeller Heart studios in New York on June 4, 2025. (Picture by YUKI IWAMURA/POOL/AFP by way of Getty Pictures)
The filings from Ramos’ marketing campaign present her debt is, partially, made up of $25,000 in excellent wage funds to her marketing campaign supervisor, Trivette Knowles, courting again to April 1. She additionally owes a number of consultants tens of hundreds of {dollars}.
Knowles declined to instantly remark late Friday.
Many in progressive circles have speculated Ramos opted to again Cuomo in hopes she will get assist from his huge fundraising community to deal with her debt, although there’s no indication from her new filings that one thing like that’s afoot.
In one other signal of a thinning major discipline, Michael Blake, a fellow back-of-the-pack mayoral candidate, can be underwater, reporting being within the pink by about $34,000 after elevating solely about $22,000 within the newest window.
In the meantime, Cuomo’s marketing campaign finance submitting, which is separate from the tremendous PAC, confirmed he drew in about $133,000 within the newest reporting stretch, which spanned from Might 20 by way of this previous Monday. With matching funds factored in, meaning Cuomo’s marketing campaign has successfully raised sufficient money to achieve the $7.9 million spending cap for the first.
Mamdani and the opposite main progressive within the race, Comptroller Brad Lander, had already reached the spending cap previous to the newest submitting, so their new disclosures present heavy spending on advertisements and mailers, however few donations rolling in.
Metropolis Council Speaker Adrienne Adams, whose marketing campaign has proven some indicators of momentum, will not be on the spending cap but, and solely raised about $63,109 within the newest window, a comparatively paltry sum.
Initially Printed: June 13, 2025 at 9:02 PM EDT
