Fundraising Winners & Losers

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With candidates for Congress reaching their first quarter filing deadline last night, and the races for their respective seats heating up, some candidates did significantly better than others and placed themselves in a much stronger position to win their primary and/or general elections.

We thought it would be worth taking a look at some of the most notable highlights from around New York State:

Winners:

Joe Carvin — Although he only raised $75,000, the Republican hedge fund manager has already placed over $1 million into his campaign account as he seeks to unseat Democratic Rep. Nita Lowey. While Ms. Lowey has been no slouch either, and has close to $1 million in the bank, Mr. Carvin’s investment helps to significantly level the playing field between the two candidates. And, although the Westchester County-based district is still fairly Democratic, much of it is new turf for Ms. Lowey, perhaps weakening some of the advantages of incumbency.

Grace Meng — A couple weeks ago, the Assemblywoman announced she raised an impressive $300,000 in a short time frame, but it turns out her campaign actually raised more than $360,000 as she seeks the Democratic nomination for a new seat in Queens. Her opponents, Assemblyman Rory Lancman and Councilwoman Elizabeth Crowley, raised much less than that; Mr. Lancman raised $190,000 and additionally loaned himself another $50,000, while Ms. Crowley reported raising $100,000. The Republican candidate in the race, Dan Halloran, has not filed a fundraising report yet.

Sean Patrick Maloney — Mr. Maloney tapped his extensive fundraising network to raise over $320,000 in the last quarter, which is more than the amounted raised by the Republican he’s seeking to unseat, Rep. Nan Hayworth, or his Democratic primary opponents that he will have to face off against first. One of these Democratic opponents, Dr. Rich Becker, slammed Mr. Maloney for barely raising any money in the Hudson Valley district, but it’s unclear if that criticism will have any resonance with the voters.

Michael Grimm — Freshman GOP Rep. Michael Grimm’s fundraising slowed down this quarter, but he still raised over $230,000 and has a massive $1.1 million dollars stocked up in the bank. This is all despite serious fundraising allegations leveled against him at the start of the year, which resulted in a barrage of bad headlines but has since quieted down. Mr. Grimm’s total gives him a 10 to 1 cash on hand advantage against his Democratic challenger Mark Murphy.

Losers:

David Bellavia — The Republican Iraq War veteran has been building up serious momentum recently as he seeks to beat former Erie County Executive Chris Collins for the right to take on freshman Congresswoman Kathy Hochul in the general election. However he pulled in less than $12,000, which is not a lot of resources to take on the potentially deep-pocketed Mr. Collins — who hasn’t filed with the FEC yet — or Ms. Hochul, who raised over $355,000 last quarter. Ms. Hochul needs every dollar she can get since, after redistricting, she’s now seeking reelection in the most Republican district in New York.

Charlie Rangel — Veteran Congressman Charlie Rangel has been laid up in the hospital for much of the last three months, but his allies in the powerful Harlem political machine seem like they could have been raising more money for him than the $67,000 he ultimately brought in. One of his opponents, Clyde Williams, raised roughly twice that while another, State Senator Adriano Espaillat, raised $62,000. However, Mr. Rangel with his storied legacy and Mr. Espaillat with his roots in the Dominican community, may not need to raise hundreds of thousands of dollars to pull out a win in June.

Nydia Velázquez — Congresswoman Velázquez isn’t at a financial disadvantage as she seeks to fend off a primary challenge from Councilman Erik Dilan — backed by the Brooklyn Democratic establishment — but she hasn’t been doing much to widen her fundraising gap with Mr. Dilan either. Ms. Velázquez raised $55,000, but almost all of it came from PACs and other committees. Only one contribution, for $500, came from an individual. Meanwhile, Mr. Dilan raised $130,000.

Fundraising Winners & Losers