Developers in NYC know that if Republicans lose power their gravy train in Albany will go out the window too. For decades Republicans have taken money from developers and then thanked them by loosening laws to protect tenants and giving developers tax breaks, sweetheart land deals, and other favors.
Glenwood Management, which has given Ranzenhofer over $19,000, was featured in a NYT’s article from last year as one of the main development companies involved in lobbying efforts to keep a loophole open that effectively lets them donate as much as they want to political interests.
It’s ironic that Mike Ranzenhofer and his cronies try to paint Mesi as a tool of downstate interests when in fact Ranzenhofer and his Republican buddies have been used as a pawn for downstate developers for decades.
Tags: Cronyism, Developers, Loopholes, Mike Ranzenhofer