Syracuse Gives the $ for Magnarelli

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[audio:https://democracywise.syr.edu/wp-content/uploads/2013/04/MAGNARELLI.mp3]

For his big money in politics, Democratic Assemblyman Bill Magnarelli gets the most contributions from individuals and the city of Syracuse.

In four months alone, Magnarelli collected $63,500dollars.

That’s the findings from Magnarelli’s 2008 campaign finance reports on file with the New York State Board of Elections.

The busiest money-making months for Magnarelli were March through July of 2008 when he raised more than $60,000.

Some highlights from Magnarelli’s fundraising, according to state campaign finance reports:

  • Nearly half – 47 percent – of Magnarelli’s donations during that time period came from individuals. That’s $33,595.
  • And more than half – 52 percent – of the money came from Syracuse addresses. In total, that’s a little over $30,000.
  • As of October 27th, after receipts and expenditures, Magnarelli’s campaign had a closing balance of $50,444.

Overall, Magnarelli’s big contributors are Syracuse law offices and developer Robert Congel, the founder of the Syracuse-based Pyramid Management Group.

Magneralli is a real estate lawyer in Syracuse. He works for the Scolaro, Shulman, Cohen, Fetter & Bursten firm. They have contributed money to his campaign over the past nine years. Since 2000, Magnarelli’s firm has given more than $9,000 to his campaigns. For the 2008 election, the firm has given a corporate contribution of $500 for the 2008 election. Eight other law firms with Syracuse addresses contributed a total of $4,250.

One of the eight other Syracuse firms is Hiscock and Barclay, which gave $1,000. The Barclay of Hiscock and Barclay is also the state assemblyman for the 124th District, covering the Oswego and Onondaga counties.

Barclay’s firm began contributing to Magnarelli’s campaign in 2000, according to state disclosure reports. Over the past eight years, the Hiscock and Barclay partnership has contributed $5,750 to Magnarelli’s political campaigns.

Overall, his largest individual donors for the whole 2008 year are developer Robert Congel who gave $3,500; Nicholas Goss, who gave $3,500; and Michael Brower, who gave $2,500. The three largest corporate donors are the Oneida Indian Nation, which gave $1,000; Saunders Concrete Co., which gave $835; and The United Auto Supply, which gave $850.

The election is November 4th.

For Democracywise, I’m Chloe Sommers.

(Chloe Sommers is a graduate broadcast journalism student.)

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