Five of the six donors that gave Adams’ 2025 campaign the maximum donation of $2,100 are involved in real estate: Louis R. Cappelli, a Westchester developer and his wife Kylie Cappelli; David…
Mayor Eric Adams’ reelection campaign raised about $850,000 in his first six months in office thanks to a big boost from the real estate industry and out-of-state donors, according to new filings.
The Democrat’s war chest was detailed in a biannual New York City Campaign Finance Board disclosure report released on Friday. Five of the six donors that gave Adams’ 2025 campaign the maximum donation of $2,100 are involved in real estate: Louis R. Cappelli, a Westchester developer and his wife Kylie Cappelli; David Falk, president at Newmark Knight Frank; Marjorie Kuhn, the wife of another Newmark president; and Greg Manocherian, real estate investor.
Nearly 300 donors contributed $2,000, including several other big names in real estate, according to the disclosure report.
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