Emily Ngo had this story in Spectrum News NY. Here is an excerpt:
It’s the kind of cash and clout that the city’s matching funds program was created to offset. But bankrolled by real estate, Wall Street, unions and more, special-interest groups are sinking big money into the race for mayor.
A PAC supporting Shaun Donovan — funded with $6.8 million from his father — has spent $6.5 million, mostly on TV and digital ads.
One boosting Ray McGuire has nearly $6 million in contributions and has spent more than half that.