Former New York City Mayor Mike Bloomberg has emerged as the biggest financial supporter of Andrew Cuomo’s mayoral campaign, with his latest $3.3 million contribution to a pro-Cuomo super PAC bringing his total support to $8.3 million.
The new donation, revealed on Wednesday, follows Bloomberg’s earlier $5 million contribution to Fix the City, the super PAC backing Cuomo’s bid to become New York City’s next mayor. The group has collected $24 million since its March launch, with Bloomberg’s contributions now making up one-third of its total funds.
According to Politico, Bloomberg’s massive $8.3 million war chest is helping power Cuomo’s comeback bid as the former governor maintains his position as the frontrunner in the race. The super PAC has used these funds to launch extensive advertising campaigns, including a $5.4 million television ad targeting Cuomo’s main rival, Zohran Mamdani.
Recent polls show a tight race as early voting begins
Despite Cuomo’s lead, recent polling data suggests a competitive race. A Marist College survey released Wednesday shows Cuomo defeating Mamdani after seven rounds of ranked-choice voting, a system that allows voters to rank candidates in order of preference, with 55 percent to 45 percent. However, high early voting turnout in areas favorable to Mamdani and predicted extreme weather conditions could impact the final outcome.
The super PAC’s spending has made it the most well-funded political action committee in New York City’s municipal election history. It has invested more than $14.8 million in television advertisements alone, significantly outspending Cuomo’s opponents.
Bloomberg’s support appears to be driven by concerns over Mamdani’s progressive agenda. The 33-year-old democratic socialist state lawmaker has proposed increasing taxes on wealthy residents to fund free bus services. Mamdani’s positions on various issues, including his recent comments about Palestinian rights, have worried some moderate voters and donors.
The race highlights a stark contrast between the candidates. Cuomo, 67, brings decades of government experience but faces questions about the scandals that ended his governorship, even as many New York Democrats who once demanded his resignation now find themselves reluctantly supporting his mayoral bid. Mamdani, though criticized for his limited experience, has focused his campaign on progressive policies and has used Cuomo’s controversial exit from office as a campaign point. The Democratic primary is scheduled for next Tuesday, with both campaigns making their final push for votes.
Published: Jun 19, 2025 12:43 pm