Former New York Gov. Andrew Cuomo is transferring money from his state campaign coffers to his city account as he attempts to compete with Zohran Mamdani, who has become a prodigious fundraiser since winning the Democrat mayoral primary, Politico said.
Cuomo has raised $507,660 over the last five weeks and has transferred $68,225 from his state account that he used in his prior campaigns for governor. Cuomo has $1.2 million on hand, according to his filing with the New York City Campaign Finance Board.
Mamdani reported raising $1.05 million over the past month, according to his filing. Mamdani has $4.4 million and is expected to be eligible for $2.2 million in matching funds from the New York City Campaign Finance Board, Politico reported. Cuomo is hoping to receive $400,000.
Cuomo trails Mamdani by double digits and has been unsuccessful in trying to get other candidates, like New York City Mayor Eric Adams, to drop out of the race.
“Certain people wanted to transfer donations they made to the state account to the city account and, in consultation with [the NYCCFB], were permitted to on an individual basis,” Cuomo spokesperson Rich Azzopardi said in a statement.
Cuomo, who resigned during his third term, has $7.5 million in his state campaign account. To transfer more of the money to his city account, he has to get past donors to fill out forms acceding to the transfer of funds, Politico reported. Due to city fundraising rules that differ from the state, not all of Cuomo’s funds would be eligible to be transferred.
Fix the City, a super PAC that spent $22 million on Cuomo in the primary, has not raised significant amounts of money for the primary, Politico reported.
Mamdani and Cuomo both saw 52% of their campaign funds come from outside the five boroughs, Politico reported.
Adams reported raising $420,886 and has $3.9 million on hand. Republican nominee Curtis Sliwa raised $407,332 and has $2 million on hand.
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