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Suozzi has a stake in Jacobs’ businesses

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Oct 17, 2023 View in browser
 

By Jeff Coltin, Emily Ngo and Nick Reisman

With help from Jason Beeferman

Former Rep. Tom Suozzi has a financial stake in four summer camps owned by New York Democratic Chair Jay Jacobs (pictured). | Mary Altaffer | AP Photo

Former Rep. Tom Suozzi isn’t just a longtime friend of New York Democratic Chair Jay Jacobs — the two are in business together.

If there were to be a special election to fill Rep. George Santos’ congressional seat, Jacobs, who also chairs the Nassau County Dems, would have the biggest say in picking his party’s nominee.

So everyone’s been talking to Jacobs, trying to win him over, he told Playbook last week, including Suozzi.

Suozzi, meanwhile, has a 10 percent stake in two summer camp businesses owned by Jacobs and a 3 percent stake in two others.

All together, that’s valued between $150,000 and $300,000, according to Suozzi’s last financial disclosure report filed with the House. And his income from them last year was somewhere between $105,000 and just over $1 million. (Values are reported in broad ranges in the reports.)

The Long Island Democrats’ business relationship has apparently never been previously reported. The New York Times noted back in 2006 that Suozzi’s wife had a part-time job working for another part of Jacobs’ summer camp empire.

If he’s got to pick someone, Jacobs told Playbook he’s looking for the strongest candidate who’s going to do the best job when elected. And he insisted Suozzi doesn’t have any strings to pull. Suozzi's team declined comment.

“He’s a minor shareholder,” Jacobs told Playbook. “He has no influence, say, or anything else. … I don’t think, frankly, he’s ever been to the camp.” Suozzi’s campaign declined to comment.

Proof? One of the companies Suozzi invests in — HCDC Realty Corp — donated $5,000 to Gov. Kathy Hochul in 2021, just days after Suozzi launched his campaign against her.

(Jacobs' businesses also got federal pandemic loans that were forgiven, something Suozzi voted for.)

“If anyone thinks that you invest in my business, now you own me? Take a look at some of my quotes” from last year’s gubernatorial primary, Jacobs said, because he said Suozzi’s campaign was “shockingly offensive,” and was sexist.

But if — IF — Santos leaves office, and a special election is called, some insiders have already accepted that Suozzi will be the nominee. “Unfortunately, he has the support of Jay Jacobs,” said Eleanor Lange, a Democratic booster in the district and supporter of an opposing candidate, Anna Kaplan. “We talk amongst ourselves — oh, Suozzi’s going to get in office again. It’s depressing.”

Reps. Hakeem Jeffries and Greg Meeks, the Queens Democratic leader, will have a say too, and Suozzi knows them from his six years in Congress. For Democrats shaken by Santos, Suozzi may be the safest bet. “Tom has the most name recognition,” said a Democratic consultant familiar with discussions taking place. “He’s in pole position if there’s a special.” — Jeff Coltin

IT’S TUESDAY. Got news? Send it our way: Jeff Coltin, Emily Ngo and Nick Reisman.

WHERE’S KATHY? Heading to Israel, but first with a stop at the White House to meet with White House chief of staff Jeff Zients.

WHERE’S ERIC? Appearing live on La Mega 97.9 FM, holding an in-person media availability session, meeting with the Israeli special envoy for combating antisemitism, cutting a ceremonial ribbon at a new Manhattan Target store and hosting a reception in celebration of Diwali.

QUOTE OF THE DAY: “Some quiet tea time with @ingridBKNY this am. … I can say with unequivocal certainty that we have true friends in this administration.” — City Council Member Inna Vernikov, posting a photo of herself with Mayor Eric Adams’ chief adviser. The X post came three days after Vernikov was arrested for gun possession.

 

GO INSIDE THE CAPITOL DOME: From the outset, POLITICO has been your eyes and ears on Capitol Hill, providing the most thorough Congress coverage — from political characters and emerging leaders to leadership squabbles and policy nuggets during committee markups and hearings. We're stepping up our game to ensure you’re fully informed on every key detail inside the Capitol Dome, all day, every day. Start your day with Playbook AM, refuel at midday with our Playbook PM halftime report and enrich your evening discussions with Huddle. Plus, stay updated with real-time buzz all day through our brand new Inside Congress Live feature. Learn more and subscribe here.

 
 
ABOVE THE FOLD

Zak Malamed, a Democratic candidate for Congress in New York's 3rd Congressional District, has already raised $530,000. | Zak for Congress

CASH FLOWS FOR DEMS: Democrats have a distinct fundraising edge in the race to replace Santos in Nassau County and Queens — even without Suozzi as part of the math.

Democratic challengers Zak Malamed, Austin Cheng, Kaplan and Josh Lafazan made up the top four NY-3 candidates with the most cash on hand, according to newly filed campaign finance disclosures.

Republican candidates Kellen Curry, Greg Hach and Daniel Norber had the next three largest campaign war chests, the records showed.

Santos, charged last week with 10 additional crimes, is 11th on the list when it comes to cash on hand. He had $27,800 to spend as of Sept. 30; his campaign refunded more money than it took in.

Malamed, who helped found a national fundraising platform, led the field with $530,000 in the bank.

Curry, an Air Force veteran and former JPMorgan vice president, by contrast, had $244,000.

Cheng, CEO of an outpatient surgery center, and Kaplan, a former state senator, both loaned money to their campaigns.

What the Democrats rake in collectively will grow significantly with the addition of Suozzi to the race and the sides gearing up for a June primary. — Emily Ngo

WHAT CITY HALL IS READING

New Yorkers may soon get AI-generated robocalls with Mayor Eric Adams' voice speaking different languages. | Ed Reed/Mayoral Photography Office

BONJOUR, C’EST LE MAIRE: Did YOU get a call from Mayor Eric Adams speaking Yiddish? Or Chinese, Urdu or Spanish? It’s not really him — Adams said Monday he used an artificial intelligence tool to clone his voice and invite folks to a hiring hall in their own language.

But City Hall hasn’t shared the audio — and while Playbook reached out to leaders in Chinese and Yiddish speaking communities, nobody had heard this faked polyglotism. So, seriously, if you’ve heard it, please email or DM us.

Adams’ “creepy vanity project” was met with some criticism after all.

“While what was announced might be harmless and ultimately helpful, it seems inappropriate and irresponsible to be using this type of AI without disclaimers,” City Council Technology Committee Chair Jennifer Gutiérrez told Playbook, calling it “a missed opportunity to set the tone for the City’s use.”

Adams loves AI, but it doesn’t love him back. The Times’ Emma Fitzsimmons found that ChaptGPT said Fiorella LaGuardia was the best mayor of all time. — Jeff Coltin

More from the city:

— Adams limited shelter stays to 60 days for migrant families with children. (POLITICO Pro)

—  A shuttered Rikers Island jail had a secret lounge and stashes of unused NYC equipment. (Daily News)

— Dozens of migrants were bused off Staten Island after closing of controversial shelter. (New York Post)

WHAT ALBANY'S READING

Gov. Kathy Hochul says the prospect of Rep. Jim Jordan (R-Ohio) being elected to speaker of the House is something that "scares" her. | Francis Chung/POLITICO

SCARE JORDAN: Don’t count Hochul among the people who are eager for Rep. Jim Jordan to get the speaker’s gavel.

The governor told reporters on Monday the idea of the conservative Ohio Republican becoming House speaker “scares me.”

“I never thought we would get to this kind of a new low,” Hochul said in Albany. “We were worried about the Tea Party when I first got elected to Congress and what they could do. They seem so clean and harmless in comparison to the destruction of our government as we know it.”

Hochul, who served in the House from 2011 to 2013, decried the paralysis and turmoil created by the ouster of former Speaker Kevin McCarthy.

Instead of electing Jordan, Hochul wants a rump group of Republicans to back House Minority Leader Hakeem Jeffries for speaker in a coalition-style leadership deal that would be highly unlikely. — Nick Reisman

NEW GRAD MEASURES COMING: The State Education Department on Monday laid the grounds for recommendations on graduation measures to come at the next Board of Regents meeting in November.

The update at Monday’s board meeting covered a survey of 1,800 participants across the state, including parents and students, which called for less of an emphasis on traditional standardized tests and more “real world” learning experiences.

The Blue Ribbon Commission held its final meeting last month, and recommendations are in the process of being drafted. The report will include a summary of its findings, feedback from stakeholders, the state’s vision for the knowledge and skills that students need to graduate, along with final recommendations from the commission. — Katelyn Cordero

ELEANOR’S LEGACY EXPANDS: Assemblymember Rebecca Seawright (D-Manhattan) and former Planned Parenthood Empire State Acts President Robin Chappelle Golston are joining the board of Eleanor’s Legacy, the group announced Monday.

Eleanor’s Legacy recruits and trains Democratic women who support abortion rights in their bids for elected office. The organization is gearing up to back an amendment meant to enshrine abortion rights in the state constitution, set to be considered by voters in a referendum next year. — Nick Reisman

More from Albany:

— The State Police are conducting a wide-ranging recruitment effort to bolster its ranks. (Newsday)

— A federal lawsuit that includes builders and labor unions is trying to block New York’s ban on natural gas use in new construction. (LoHud)

 

PLAYBOOK IS GOING GLOBAL! We’re excited to introduce Global Playbook, POLITICO’s premier newsletter that brings you inside the most important conversations at the most influential events in the world. From the buzzy echoes emanating from the snowy peaks at the WEF in Davos to the discussions and personalities at Milken Global in Beverly Hills, to the heart of diplomacy at UNGA in New York City – author Suzanne Lynch brings it all to your fingertips. Experience the elite. Witness the influential. And never miss a global beat. BE PART OF THE CONVERSATION. SUBSCRIBE NOW.

 
 
AROUND NEW YORK

— George Latimer, the Westchester County executive, has indicated he could mount what would likely be a robust primary challenge to Rep. Jamaal Bowman as soon as next month. (Jewish Insider)

— New York is getting more federal money for fast-charging stations around the state. (Spectrum News)

SOCIAL DATA BY DANIEL LIPPMAN

HAPPY BIRTHDAY: Bloomberg’s Peter Grauer and Angela Greiling Keane … CBS’ Bo Erickson … Caroline Klein 

WAS MONDAY: Avi Fink … Morton Klein 

Real Estate

— Fire Island restaurants are coming together to collect shells that will rebuild marine habitats (Newsday)

 

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