After breaking the story that Representative Charles Rangel had four rent-stabilized apartments at Lenox Terrace, the NY Times continues to look at the Congressman's relationship with real estate, finding that developers are some of his biggest donors. According to the Center for Responsive Politics, which tracks donations, Rangel "has collected more money from real estate interests than all but two other members of Congress this election cycle," with many coming from developers who are reshaping Rangel's district with new developments--here's a graphic. The article also suggests developers are supporting Rangel due position as chairman of the House Ways and Means Committee, and there are also examples of Rangel helping tenants in certain situations.
Real Estate Companies Are Big Rangel Donors
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"It puts more of a burden on New York — puts more of a burden on 49 other states."
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