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September 27, 2004


Political Contributions, sorted by address

The Post offers analysis of the gigantic heaps of cash that Americans are pouring into political parties and candidates' campaigns this year. According to fundrace.org, Manhattan alone has contributed $36 million, which is three times more than any other U.S. city, and that's just one borough.

The most interesting stuff is the breakdown of contributions by street address. Some notables include the residents of 146 Central Park West, better knows as the San Remo apartments. Steven Spielberg, Steve Martin, Demi Moore, and Bono (who bought Steve Jobs' old apartment) all live there. They all contributed over $230,000 to Democratic organizations. Just behind them are the tenants of 30 Rockefeller Plaza, who gave $212,000 to Democratic causes, and a mere $68,000 to the Republicans. This is the building in which in 1934 Diego Rivera famously painted a mural which was later destroyed by his unsatisfied patron, Nelson Rockefeller. Currently housed in the building are NBC, the financiers and philanthropists at Lazard, Freres & Co. (Managing Director Felix Rohatyn's foundation gives generously to many social and educational causes), as well as the Rockefeller family members' offices--they've also been known to give away a lot of money over the years.

The address that gave the most to Republican organizations is 767 Fifth Avenue, giving a total of $113,000. This building is called the General Motors Building, and used to be the home of FAO Schwartz before it went out of business. Working in this building are some investors, some lawyers, fancy makeup producers (though the Lauder family all seem to give to Democrats,) and one super-rich Republican corporate raider. As often happens, it's the big money at the top who throw off the rest of the building's contributors, who gave a larger number of smaller contributions to Democrats.

categories: Business, NYC, Politics
posted by amy at 12:20 PM | #

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