Ray McGuire Gets Cash From Wall Street for NYC Mayoral Run

  • Former Citi banker McGuire raises $3.2 million from super-PAC
  • Extends reach of candidate who’s behind in early polls

Ray McGuire

Photographer: Patrick T. Fallon/Bloomberg
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Wall Street and real estate titans are pouring cash into a group that’s backing former Citigroup Inc. banker Ray McGuire’s bid to become the next mayor of New York City.

New York for Ray, a political action committee, has raised $3.2 million from a who’s who of the city’s financial elite, according to state Board of Elections Records as of March 15.