Real Estate Investor Paul Massey to Seek NYC Mayoral Nomination

  • The Republican would face a 6-to-1 Democratic advantage
  • Massey’s firm was bought by Cushman & Wakefield in 2014

Paul Massey, president of New York investment sales for real-estate firm Cushman & Wakefield, said he intends to seek the Republican nomination for mayor next year.

Massey, 56, announced his intended candidacy in a news release Thursday, saying his knowledge of the city as an investor would help him as a candidate. He co-founded the privately-owned commercial property brokerage firm Massey Knakal Realty Services in 1988, and sold the company to Cushman & Wakefield in 2014.

“My partners and I built a successful business over three decades based on an intimate knowledge of every neighborhood in the five boroughs,” he said in the statement. “I look forward to deepening my connections to each of those communities as a candidate and as a mayor.”

Massey, who had been a resident of Larchmont, Westchester County, a suburb north of the city, registered to vote as a Manhattan resident last year, according to John Conklin, a spokesman for the state Board of Elections.

Massey said he would opt out of the city’s public campaign-finance system, which provides matching funds at at 6-to-1 rate for residents’ donations of up to $175, while imposing individual limits on contributions at a maximum of $4,950. 

Should he win the Republican nomination next year, Massey would face Mayor Bill de Blasio, a Democrat who in 2013 won election by the largest margin ever for a non-incumbent. Since then, de Blasio’s support has declined in opinion polls, including a Quinnipiac University survey released this week reporting that 50 percent of New York voters oppose his re-election. 

Still, Democratic voters outnumber Republicans by more than 6-to-1 in New York City. The poll also found that de Blasio has enough support to defeat a challenge from within his own party by Comptroller Scott Stringer or Public Advocate Tish James, both of whom were elected citywide.

Taking a swipe at the incumbent, Massey referred to de Blasio’s 2013 campaign slogan in his news release, saying, “This is not a tale of two cities; this is the world’s greatest city and diversity is our strength.”

Massey would join Michel Faulkner, a Harlem minister and former football player with the New York Jets, who declared his Republican candidacy for mayor almost a year ago. Faulkner has raised about $33,430 so far, according to the Campaign Finance Board.

Jessica Proud, a spokeswoman for Massey, said he wasn’t available for interviews, and said a formal announcement would be made later this year.

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