Levi Strauss & Co. heir Dan Goldman invested $1 million of his fortune in his congressional campaign ahead of the Aug. 23 Democratic primary, campaign records show.
Goldman, the House Counsel during the first impeachment of former President Donald Trump, who is reportedly worth between $64 million and $253 million according to financial reports, is running in the newly drawn 10th congressional district, which includes lower Manhattan and parts of brownstone and southwest Brooklyn .
The $1 million contribution was detailed in a 48-hour report released Saturday at the Federal Elections Commission.
Goldman has also generated more than $200,000 in donations from relatives and other associates associated with Levi Strauss’ denim empire, and also a contribution from one of Trump’s friends, Related Co., and the owner of the Miami Dolphins, Stephen Ross, campaign documents show.
Political analysts said Goldman’s decision to pump his own fortune into the campaign was a double-edged sword in what is expected to be a low turnout from mostly liberal Democratic voters, many of whom loathe big money in politics.
Some potential big influencers on the left – including the New York Times – have yet to endorse the race.
Conversely, the money helps Goldman spread its message.
“Goldman wants to be on the air for the last two weeks of the campaign,” said political adviser Chris Coffey.
Other high-profile candidates in the running are City Councilwoman Carlina Rivera and MP Yuh-Line Niou; suburban Assemblyman Mondaire Jones, who moved to the District; former Brooklyn Attorney and Congresswoman Liz Holtzman; Brooklyn Rep. Jo Ann Simon; Parenting activist Maud Maron and military veterinarian and anti-communist China activist Yan Xiong.
Former two-year mayor Bill de Blasio, who resides in the Park Slope portion of the district, recently withdrew as a candidate for the seat, citing a lack of support.
Former three-year-old billionaire Mayor Michael Bloomberg used his vast fortune to win three elections to City Hall.
But former Harlem Congressman Charles Rangel said the candidate with the best turnout and political base will win.
“The win will be the candidate who pulls out his or her political base,” Rangel told The Post on Saturday.
When asked about the $1 million in self-funding, Goldman spokeswoman Simone Kanter said, “Since the start of this race, we’ve been overwhelmed with the most base donors and most money raised.”
Then he shot at other candidates.
“Unlike Mondaire Jones, who brought millions down from his Rockland County district and broke his promise not to take money from corporate PACs, and Carlina Rivera, who takes money from lobbyists and special interests, Dan has chosen to spend his time with to spend with voters, and he will respond to that,” said Kanter.
The 10th congressional district was redrawn by court order after the Democratic Party’s gerrymandering debacle, with the Upper West Side of Manhattan removed from the district and more portions of Brooklyn added.
Current Congressman for the 10th district under the old map, Jerrold Nadler, decided to run for re-election in the newly drawn 12th district against incumbent Carolyn Maloney after his UWS turf was folded into that district, which was the East Side embraced by Manhattan.
https://nypost.com/2022/08/06/dan-goldman-pours-1m-of-fortune-into-fierce-house-race/ Dan Goldman invests $1 million in a fierce house race