Brooklyn president scrambles for donations before rule change

Brooklyn Borough President Eric Adams is racing the clock to rack in big-buck donations for a controversial nonprofit he created to advance pet projects — all before a new city law takes effect in January that will dramatically limit such contributions.

Roughly a year after federal and state prosecutors helped shame Mayor de Blasio into shuttering his Campaign for One New York, which aggressively raised funds from people doing business with the city, Adams’ One Brooklyn Fund — which has also been the subject of multiple investigations — is set to host its first major fundraiser.

The deep-pocketed supporters invited to the Sept. 27 “inaugural gala” at the Brooklyn Museum include companies who have received work or have other types of business relationships with the city, according to people on the guest list.

Moreover, corporate sponsors helping pay for it include the Barclays Center and its developer Forest City Ratner, and major DUMBO developer Two Trees Management — all of which have enjoyed longtime cozy business relationships with both Borough Hall and City Hall.

“Unlike the mayor, who has ceased operations of [CONY], this is a last-gasp effort by Eric Adams to rake in the dough before the new law goes into effect,” charged Dick Dadey, executive director of the good-government group Citizens Union.

The City Council last December pressured de Blasio to sign into law a bill prohibiting anyone with city contracts or who does other types of city business from donating more than $400 a year to nonprofits tied to elected officials or their staffers.

The bill was aimed at silencing de Blasio’s nonprofit, which had raised $4.3 million to push the mayor’s agenda by relying heavily on five- and six-figure donations.

However, the law does not kick in until 2018.

Adams, who is eying a mayoral run in four years, is asking guests to fork over $150 per plate for advance tickets — and VIPs $500 — for a fundraising dinner honoring “Cornerstone Brooklyn Businesses” who’ve been operating in the borough at least 50 years.

The Post last year reported that One Brooklyn was the subject of two separate city Department of Investigation probes, and like de Blasio’s nonprofit, was also scrutinized by the feds to see whether it was used to dish out pay-to-play favors to donors.

In March, federal and state authorities dropped their probes into de Blasio’s fundraising efforts but still criticized his administration for violating the…

Read the full article from the Source…

Leave a Reply

Your email address will not be published. Required fields are marked *