Andrew Cuomo raised more than $390,000 for his mayoral run in the immediate aftermath of Mayor Adams’ suspension of his reelection campaign, according to a source familiar with the ex-governor’s latest filing set to be released Friday.
The Cuomo camp’s $390,763 haul came from 1,714 individuals in the 36 hours after Adams announced this past Sunday he was ditching his bid for a second term, the source told the Daily News.
The source said the sizable cash rush is part of roughly $940,000 Cuomo raised in total during the latest reporting period, meaning the post-Adams announcement haul represented 42% of the amount of money he pulled in overall.
It illustrates how Cuomo’s benefitting from Adams’ decision to step out of the race. The embattled incumbent’s exit came after he for months faced pressure to drop out as he polled at the back of the mayoral pack amid continued fallout from his corruption indictment and surrounding controversies.
“Momentum is on our side at exactly the right moment,” Bill Mulrow, Cuomo’s campaign chairman, said in a statement before the release of the latest filing, which covers fundraising activities between Aug. 19 and this past Monday. “Voters are just now tuning into this race, and they want a safe city they can afford to live in, and they know Andrew Cuomo has the experience to deliver and the ability to hit the ground running on day one.”
About $337,076 of the money raised by Cuomo in the latest period will be eligible for matching funds, according to the source, who said that could generate as much as another $2.6 million in public cash.
Still, Cuomo, who’s running as an independent in the November election, is not expected to report that he has drawn in enough money to reach the $8 million spending cap.
Zohran Mamdani, the Democratic mayoral nominee who’s polling as the favorite to win the Nov. 4 contest, already reached the spending cap last month and started dropping seven-figure television ad buys earlier this week to boost his message.
Details about Mamdani’s latest filing weren’t immediately available, but his campaign said he suspended fundraising after reaching the cap last month.
Fresh fundraising numbers were not immediately available, either, for Curtis Sliwa, the Republican nominee in the mayoral race.
Originally Published: October 3, 2025 at 9:01 AM EDT
