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    With Billions of Dollars at Stake, a Critical Race Vies for Attention

    Candidates to be New York City’s next chief financial officer are straining for attention from the public during a crucial moment.One candidate, Brad Lander, landed a potent one-two political punch: the coveted endorsement of Representative Alexandria Ocasio-Cortez and a successful campaign ad using the time-honored strategy of deploying one’s child.Another candidate, Zach Iscol, has support from Hillary Clinton, who is a mentor to him, and is the best friend of her daughter, Chelsea.A third candidate, Corey Johnson, had his own measure of star power, as a former front-runner in this year’s critical race for mayor.None of that has helped elevate the race for comptroller of New York City beyond the din of news and noise that surrounds the mayor’s contest, even with the June 22 primary just days away.As New York emerges from the pandemic, the role of comptroller is especially crucial. Whoever succeeds the current comptroller, Scott M. Stringer, will have a role in making sure at least $14 billion in expected federal stimulus assistance over the next few fiscal years is properly spent, while auditing a $99 billion budget that faces significant gaps in the coming years. Also at stake is the management of roughly $250 billion in pension fund money that covers 620,000 people.But it has not been easy for the candidates to gain attention.A recent debate had to compete with a hastily scheduled mayoral debate, all but guaranteeing a limited audience. The second and final debate was taped this week and will air at a less-than-ideal time: Sunday morning.“That’s prime time for church,” said Brian Benjamin, a state senator from Harlem who is running for comptroller. “No one will be watching.”Mr. Johnson, the City Council speaker and a late entrant in the comptroller’s race, is the current front-runner, according to available polling. He was a leading candidate for mayor but dropped out, citing mental health issues.Trailing close behind are Mr. Lander, a progressive councilman from Brooklyn who has also won endorsements from Senators Bernie Sanders and Elizabeth Warren, and Michelle Caruso-Cabrera, a former CNBC anchor who ran unsuccessfully against Ms. Ocasio-Cortez last year.The race seems relatively wide open; a recent NY1/Ipsos poll found that 44 percent of likely voters were still undecided about their first choice for comptroller — a potentially worrisome development this year when voters will be allowed to rank up to five choices.The NY1/Ipsos poll had Mr. Johnson at 18 percent and Mr. Lander and Ms. Caruso-Cabrera tied at 9 percent.Other candidates in the race include David Weprin, a state assemblyman from Queens, who polled at 7 percent; Kevin Parker, a state senator from Brooklyn who polled at 6 percent; and Mr. Benjamin, who polled at 5 percent. Mr. Iscol, a nonprofit entrepreneur and former Marine who also dropped out of the mayor’s race to enter the comptroller’s race, registered at 1 percent.The limited attention is no fault of the candidates, who have spent millions of dollars on advertisements and have been crisscrossing the five boroughs at all hours to seek out voters.Mr. Johnson was spotted this week in front of the Fairway supermarket on the Upper West Side campaigning until midnight. Mr. Lander participated in a bike ride around City Hall with delivery workers fighting for better wages and working conditions.Brad Lander, left, has been endorsed by Representative Alexandria Ocasio-Cortez.Victor J. Blue for The New York TimesMr. Lander said he had felt interest in the campaign surging as the city moved toward a full reopening. He received the endorsement of The New York Times editorial board and has collected the most support from progressive elected officials.“Voters will come up and say, ‘I’ve seen your ad,’” Mr. Lander said. “That’s an opportunity to say, ‘This is a critical moment for our city; let’s talk about how the government can work better for all of us.’”Ms. Caruso-Cabrera, who is the daughter of Cuban and Italian immigrants, has focused intensely on Latino voters. She released an ad that she narrates in Spanish.Ms. Caruso-Cabrera has portrayed Mr. Lander and Mr. Johnson as government insiders, allowing the budget to grow under Mayor Bill de Blasio.“We need a fresh set of eyes,” Ms. Caruso-Cabrera said. “We need someone who is independent and who doesn’t want to be the mayor.”Michelle Caruso-Cabrera, a former CNBC anchor, unsuccessfully challenged Ms. Ocasio-Cortez last year.Gabriela Bhaskar for The New York TimesMr. Weprin, who received the endorsement of the city’s police unions and The Daily News, is leaning on his finance experience in the public and private sectors.Mr. Benjamin said he was leaning on his experience as someone with a Harvard M.B.A. and experience as a money manager at Morgan Stanley. His campaign has focused largely on consolidating support in the Black community, which has been difficult given the candidacy of Mr. Parker, who, like Mr. Benjamin, is Black.“The people who are going to vote in this election will pay more attention, and that helps someone like me, who is the qualifications candidate versus the name-recognition candidate,” Mr. Benjamin said.The reference seemed to be a swipe at Mr. Johnson, who, as the race’s most recognizable candidate and its leader, has been the frequent subject of attacks.During the first official debate this month, Mr. Lander accused Mr. Johnson of having been absent from leading the budget process. Ms. Caruso-Cabrera said he had not done enough to keep the budget from growing under Mr. de Blasio.Mr. Weprin questioned whether Mr. Johnson, a high school graduate who recently enrolled at the School of General Studies at Columbia University, was qualified for the job.“Corey Johnson only has a high school diploma,” Mr. Weprin said. “I was on Wall Street for over 25 years, and you can’t get a job on Wall Street without getting a college degree.”Mr. Johnson dismissed the criticism as the desperate tactic of candidates who are trailing in the last days of a race.“After negotiating three on-time, balanced, $90 billion budgets, I know this city’s finances better than anyone in this race,” Mr. Johnson said.Yet as he stood in front of the Fairway on Friday evening, several voters were more interested in Mr. Johnson’s choice for mayor than in his candidacy for comptroller.“What does the comptroller do?” Mar Dominguez, 60, said to Mr. Johnson, asking for a quick refresher. Ms. Dominguez, a hospitality worker, said the election season had been simply overwhelming. “Everyone’s harassing me. There’s too much mail, and too many people are calling my phone. This morning, they were ringing my doorbell,” she said. More

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    How a Surprise Candidate Has Shaken Up a Key New York City Election

    The late entry of the City Council speaker, Corey Johnson, inserted tension, money and name recognition into the comptroller’s race. The winner will guide New York’s post-pandemic economic recovery.The phone call came earlier this month, not long after Corey Johnson made his surprise late decision to join the New York City comptroller’s race.It was a message delivered on behalf of Representative Jerrold L. Nadler, New York State’s most senior House member, and it was hardly a welcome-mat rollout: Would Mr. Johnson, the City Council speaker, reconsider his decision to run?Mr. Nadler, whose congressional district overlaps with Mr. Johnson’s, had already given his endorsement to Brad Lander, a progressive councilman from Brooklyn.“Brad really wants the job,” said Mr. Nadler, adding in an interview that he was unaware of the call, which was made by a senior staff member. “It’s not a second job because he dropped out of anything.”For much of last year, Mr. Johnson was considered a leading candidate in the 2021 mayor’s race. He dropped out in September, citing the toll that the isolation of the coronavirus pandemic had taken on his mental health. Doing his job as the leader of the City Council while running for mayor would be too much, he said.But by February, Mr. Johnson said his mental health had significantly improved, and he concluded that he wanted to run for city comptroller, partly because he thought he was best qualified to help guide the city’s recovery from the pandemic.Like the race for mayor, the contest for comptroller may be the city’s most consequential in decades, and the June 22 Democratic primary will most likely decide its winner. One of only three citywide elected positions, the comptroller is the fiduciary for five pension funds that are valued at $248 billion and cover almost 620,000 people. The office is responsible for approving public borrowing, serves as the city’s chief auditor and reviews tens of thousands of contracts.Those roles will be even more important given the financial difficulties caused by the pandemic. The city had a 20 percent unemployment rate, and is still projecting hefty future budget gaps. The comptroller will have an important role in overseeing how $6 billion in federal stimulus is spent.“The next comptroller will be the eyes and ears of how the mayor brings back the economy,” said Scott M. Stringer, the current comptroller, who is running for mayor. “We’re on the edge.”The late entry of a well-known Democratic contender into the comptroller’s race bears similarities to the 2013 contest. Mr. Stringer, then the Manhattan borough president, was the front-runner after he — like Mr. Johnson — dropped out of the race for mayor. The former governor Eliot Spitzer, who had resigned from office after a sex scandal, then entered the contest late — like Mr. Johnson. Mr. Stringer prevailed in a close primary election.This year’s contest had seemed to revolve around four elected Democratic officials: Mr. Lander; Brian Benjamin, a state senator representing Harlem and the Upper West Side; Kevin Parker, a state senator from Brooklyn; and David Weprin, a state assemblyman from Queens. State Senator Brian Benjamin is focusing his campaign for comptroller on communities of color and pension-fund retirees who still live in the city.Dave Sanders for The New York TimesTwo newer candidates, Michelle Caruso-Cabrera, a former CNBC anchor who ran in a congressional primary against Representative Alexandria Ocasio-Cortez, and Zach Iscol, a nonprofit entrepreneur and former Marine who dropped out of the mayor’s race, recently joined the race. But neither has affected it in the way Mr. Johnson has.“He will have the same disruptive effect on the comptroller’s race that Andrew Yang had on the mayor’s race,” said Representative Ritchie Torres of the Bronx, who has endorsed both men. “Corey’s a juggernaut given his overwhelming name recognition and fund-raising.”Upon entering the race, Mr. Johnson immediately announced the endorsements of three fellow Council members, and the head of the Hotel Trades Council showed up at Madison Square Park, where Mr. Johnson announced his bid, to endorse him in person. District Council 37, New York City’s largest public sector union, recently gave Mr. Johnson its endorsement, which would otherwise have gone to Mr. Benjamin, according to multiple sources.“No disrespect to Brian because he is a rising star within the party, but Corey’s experience, having led the City Council and having worked with us, changed the dynamics of this race,” said Henry Garrido, the executive director of D.C. 37.And yet, Mr. Lander may be the candidate with the most to lose from Mr. Johnson’s entry.Mr. Lander has been planning a run for comptroller since shortly after he was re-elected to the City Council in 2017. He is a co-founder of the City Council’s progressive caucus who wrote of his privilege as a white man. He was recently endorsed by Senator Elizabeth Warren of Massachusetts, and he might be the only person in New York City who speaks gleefully of having met recently with every living former city comptroller.His plans to use the office to address climate change and ensure an equitable recovery from the pandemic earned him early endorsements from unions, progressive groups and politicians such as Representative Jamaal Bowman and Tiffany Cabán, a candidate for the City Council who nearly pulled off a long-shot campaign for Queens district attorney.But at least two endorsements that Mr. Lander was expecting were withheld after Mr. Johnson’s announcement.Mr. Lander has responded with an aggressive effort to counter Mr. Johnson. His campaign released a list of endorsements from transportation advocates, some of whom had previously supported Mr. Johnson for mayor. One of Mr. Johnson’s signature proposals as speaker was a master plan to upgrade city streets, bike lanes and pedestrian spaces, which the City Council approved in 2019. In early March, Mr. Lander unveiled a list of endorsements from leaders in the L.G.B.T.Q. community. Mr. Johnson is openly gay.The day after Mr. Johnson announced his candidacy, Mr. Lander campaigned in Mr. Johnson’s Council district in Hell’s Kitchen.“Attention to the race is good,” Mr. Lander said, while soliciting petitions to get on the ballot. “This is a very high-stakes moment for the city. We need leaders who have shown up for this crisis and are prepared for the job.”Part of Mr. Johnson’s difficulties last summer followed the City Council’s failure to cut $1 billion from the Police Department budget and shift the money toward social services, as he had promised to do in the wake of the protests spurred by the killing of George Floyd.“When the chips were on the table, he folded,” said Jonathan Westin, director of New York Communities for Change, a progressive advocacy group for low- and moderate-income New Yorkers that has endorsed Mr. Lander. “It leads to the question of how capable he will be in standing up to those massive forces pushing back against progressive change as comptroller.”The anger among advocates of the police budget cuts was palpable: Protesters gathered outside Mr. Johnson’s boyfriend’s apartment building, and it was vandalized.Brad Lander, center, has been planning a run for comptroller since shorty after he was re-elected to the City Council in 2017.Victor J. Blue for The New York Times“It was hard last spring and last summer and early fall,” Mr. Johnson said. “But I don’t feel like I’m anywhere near the place I was because I took the time to focus on myself and my well-being and my recovery.”Mr. Johnson said he had been feeling healthy for months when in February colleagues and union leaders began encouraging him to enter the race.“I know the city’s finances better than anyone after negotiating multiple budgets and serving as speaker,” Mr. Johnson said. “I feel ready to be the city’s chief financial officer.”As of the most recent filing period, Mr. Lander had $3.4 million on hand, double the $1.7 million Mr. Benjamin had in his account, and was on his way to reaching the $4.5 million spending cap. Mr. Johnson, based on his fund-raising from the mayoral race, will most likely receive the maximum $4 million matching-funds payment, automatically placing him at the spending cap without his having to make a single fund-raising call. Mr. Lander is also likely to raise the maximum allowed.Helen Rosenthal, a Manhattan councilwoman who dropped out of the race for comptroller and endorsed Mr. Johnson, noted that he had negotiated three budgets while prioritizing reserves that the city was able to use during the pandemic-induced economic downturn.“When he was negotiating the budget, everything was coming at him,” Ms. Rosenthal said. “People were throwing paint at his boyfriend’s door. It was too much.” She added, “If any of the candidates want to say, ‘I know this budget inside and out,’ it’s Corey who actually does.”Mr. Benjamin, who earned degrees from Brown University and Harvard University, and worked as an investment adviser at Morgan Stanley, may benefit if the battle between Mr. Johnson and Mr. Lander turns off voters, or compels some to list only one of them in ranked-choice ballots. His campaign is focusing on communities of color and the thousands of pension-fund retirees who still live in the city.“In 2013, Christine Quinn had the most name recognition in the mayor’s race and she didn’t make it,” Mr. Benjamin said. “Eliot Spitzer had significantly more name recognition than Scott Stringer. He didn’t make it either.” More

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    Corey Johnson Exited the N.Y.C. Mayor’s Race. Will He Run for Comptroller?

    AdvertisementContinue reading the main storySupported byContinue reading the main storyCorey Johnson Exited the N.Y.C. Mayor’s Race. Will He Run for Comptroller?Mr. Johnson, the New York City Council speaker, said he expected to decide in the next two weeks whether to run to be the city’s fiscal watchdog.If Corey Johnson decides to run for city comptroller, he will be able to transfer his unused mayoral campaign funds and spend them on the comptroller’s race.Credit…Scott Heins/Getty ImagesJeffery C. Mays and Feb. 16, 2021Updated 4:32 p.m. ETFive months after dropping out of the race for mayor of New York City to focus on his mental health, Corey Johnson, the City Council speaker, said on Tuesday that he was considering a late entry into the city comptroller’s race.Mr. Johnson said that he had been approached by several elected officials and City Council members who said he should consider running to be the city’s fiscal watchdog, and that his desire to contribute to its recovery from the pandemic spurred his interest.“I wouldn’t be considering this if I didn’t feel good about where I am personally and the work I’ve done over the last six months in focusing on myself and my own well-being,” Mr. Johnson said in an interview.Mr. Johnson had been one of the leading Democratic candidates in the mayor’s race, but he announced in September that he was dropping out because he said that dealing with his depression, handling his job as the leader of the City Council, and running for office would be too difficult.Mr. Johnson said he would make a final decision on the comptroller’s race in the next two weeks, before petitioning is set to start. The current comptroller, Scott M. Stringer, is barred from seeking a third consecutive term, and is now a leading candidate in the race for mayor.Mr. Johnson’s potential entry would add a level of star power to the contest. As Council speaker, he has developed a reputation as a civic booster, known for doing back flips and dancing at parades and professing his love for the city.His willingness to share aspects of his personal life is part of his appeal. Mr. Johnson, who is gay, has kept his social media followers apprised of developments in his new relationship, and he has publicly discussed his status as a recovering addict and his H.I.V. diagnosis.He also faced criticism over his response to last year’s Black Lives Matter protests, after the City Council fell short of meeting demands to cut $1 billion from the Police Department’s budget during negotiations with Mayor Bill de Blasio.Mr. Johnson acknowledged that he was “disappointed” that the budget did not cut the $1 billion in police funds.“I wanted us to go deeper,” he said.New York City is facing a deep financial crisis as a result of the pandemic, and Mr. de Blasio has said the city might have to make major budget cuts if it does not receive significant federal funding. The mayor recently announced that property tax revenues could decline by $2.5 billion next year, driven by a drop in the value of empty office buildings and hotels.If he joins the race, he will be able to use the money he raised in his campaign for mayor. He would also likely qualify to receive matching funds from the city, pending an audit. Mr. Johnson currently has about $580,000 in his campaign account, according to the city’s campaign finance board.Mr. Johnson would be eligible to qualify for more than $4 million in public funds, the maximum amount available. The spending limit for the primary for those in the public financing program is $4.55 million.“I wouldn’t have another dollar to raise,” he said.Mr. Johnson, who is prevented from seeking a third consecutive term on the City Council because of term-limit laws, said he started to consider the idea of running for comptroller several weeks ago.“I haven’t made a final decision yet — I have to continue to talk to my family, but I am considering it because I love this city,” Mr. Johnson said, adding that during the recovery, the next comptroller would have to ensure “that all the money we’re spending is spent appropriately, and I feel like I’ve done that as speaker.”The field of candidates running for comptroller has expanded in recent weeks. As recently as a month ago, it was essentially a four-person contest between Brad Lander, a Brooklyn city councilman; Brian A. Benjamin, a state senator; David Weprin, a state assemblyman; and Kevin Parker, a state senator.Then Zach Iscol, a military veteran, dropped out of the mayor’s race and joined the race for comptroller last month. Michelle Caruso-Cabrera, a former anchorwoman for CNBC, also joined the race.Some of the other candidates have a head start on Mr. Johnson. Mr. Lander, for example, has already been endorsed by the New York chapter of the Working Families Party and Representatives Jerrold Nadler and Jamaal Bowman.Still, the news of Mr. Johnson’s potential candidacy was received well by some Council members.“I’m really happy as his friend that he’s doing better,” said Stephen Levin, a councilman from Brooklyn who has not made an endorsement in the comptroller’s race. “The Council is moving forward and we have a big agenda this year.”AdvertisementContinue reading the main story More