Consultants cash in on primary election 'gold mine'

New York’s political consultants cashed in like never before during this year’s election cycle, turning ranked-choice voting and the city’s reformed public financing system into a multimillion-dollar bonanza.

Mayoral candidates paid their hired guns more than $40 million during the primary season as the city’s matching funds program pumped roughly $109 million into Big Apple campaigns, a Crain’s New York Business review of public finance data shows.

An additional $70 million went to the comptroller, borough president and City Council races, said Matt Sollars, a spokesman for the city Campaign Finance Board.

Local political consulting firms such as Red Horse Strategies, the Parkside Group and Dunton Consulting all collected more money from candidates

→ Continue reading at Crain's New York Business

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