Real Estate Industry Bet Big On Joe Crowley And Lost
The Real Estate Industry Bet Heavily On The Re-Election Of Congressman Joe Crowley And Lost It All
The real estate industry bet on Congressman Joe Crowley like a drunken British sailor a Pai Gow Parlor in Hong Kong. And like a drunken sailor, they saw their all-in bet go down in flames to Alexandria Ocasio-Cortez.
Cortez is a 28-year-old socialist who made New York’s affordable housing crisis a focal point of her Democratic primary campaign. She defeated Crowley by a stunning 15 point margin in Tuesday’s primary.
Crowley represents New York’s 14th Congressional District. The district covers Queens and parts of the Bronx.
Crowley raised $3.4 million for his safe Democratic seat and his biggest donors were the real estate industry.
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