Hot topics close

Alexandria Ocasio-Cortez donations: Capitalists at companies ranging from Bank of America to Brooklyn Roasting Company

Alexandria OcasioCortez donations Capitalists at companies ranging from Bank of America to Brooklyn Roasting Company
Alexandria Ocasio-Cortez donations: Capitalists at companies ranging from Bank of America to Brooklyn Roasting Company  Crain's New York Business

Business execs might not want red on their balance sheets—but at least some seem to like it in the House of Representatives.

Five borough-based entrepreneurs pumped money into democratic socialist Rep. Alexandria Ocasio-Cortez's reelection effort during the October-through-December filing period, the latest disclosures with the Federal Election Commission show. The congresswoman prides herself on her wealth of small-dollar donations, citing them as evidence of grassroots support.

Crain's found little of her sizable haul came from within her middle- and working-class Bronx and Queens district, and a number of her contributors are deep-pocketed individuals from the business community.

For instance, the congresswoman accepted seven donations totaling $1,450 from Frank Mazzarella, chief operating officer at Bank of America. A $1,000 check came from Kelley Parker, a partner in the corporate department of white-shoe law firm Paul, Weiss, Rifkind, Wharton & Garrison—a practice that boasts CitiGroup among its powerhouse clients.

Venture capitalist Michael Meyer brought his total 2019 contribution to $3,200 during the filing period with three gifts of $50 and one of $250. Joshua Mailman, an angel investor and son of businessman Joseph Sachs, donated $225 in two installments during the same period.

Antidote International Films President Jeffrey Kusama-Hinte made four donations during the fall to the congresswoman amounting to $1,200; Brooklyn Roasting Company co-founder Michael Pollack proffered two gifts coming to $225.

Several donations even came from the real estate sector—often anathema to democratic socialist candidates in New York. Alexander Andrew, chief financial officer of Brooklyn Navy Yard-based developer Macro Sea, gave $500 to the congresswoman's account. Douglas Hercher, co-founder of the real estate investment firm RobertDouglas, matched that amount. Among the few constituents of Ocasio-Cortez's 14th Congressional District to chip into the campaign was Pete Korakis, a landlord based in Astoria, who gave his representative $356 in 2019.

A number of Ocasio-Cortez's contributors are self-employed medical professionals. Doctor and author Linda Prine, who heads the Institute of Family Health, chipped in $500 during the last filing period, bringing her total contribution for the year to $1,049.

Matt Ulman, president of the hospital equipment classified site DotMed, brought his total 2019 giving to Ocasio-Cortez to $1,200 with three donations of $100.

But Ocasio-Cortez's largest donor in the state appears to be Rochester-based physician Eric Dreyfuss, who blew past contribution limits by giving the congresswoman more than $20,000 in more than two dozen increments ranging in size from $27 to $1,500. The campaign refunded the doctor most of his money.

Several members of the state's political aristocracy also gave the anti-establishment insurgent their cash. Franklin Delano Roosevelt III, grandson of the 32nd president and a scion of the du Pont family, threw Ocasio-Cortez $1,050 spread out across five donations. Former Assemblyman Adam Clayton Powell IV, son of late Harlem Rep. Adam Clayton Powell Jr., gave her $250.

Harry Johnston, son of the former Florida congressman of the same name, donated $1,775 in the last filing period in eight increments from his home in Tribeca.

News Archive
  • Curtis Reeves
    Curtis Reeves
    Retired SWAT Commander Acquitted in Fatal Shooting of Moviegoer
    26 Feb 2022
    1
  • Trump rally Alabama
    Trump rally Alabama
    Donald Trump’s ‘Save America’ Rally Packs Farm Near Cullman
    22 Aug 2021
    1
  • Australia vs Peru
    Australia vs Peru
    Australia vs. Peru score: World Cup qualifying playoff live updates as Aussies and Blanquirroja battle
    13 Jun 2022
    1
  • NYCB
    NYCB
    NEW YORK COMMUNITY BANCORP, INC APPOINTS ...
    7 Feb 2024
    3
This week's most popular shots