Catsimatidis Announces Bid for Mayor
By MICHAEL M. GRYNBAUM
Published: January 29, 2013
John A. Catsimatidis, the billionaire owner of the Gristedes grocery
chain, stood on the steps of City Hall on Tuesday and announced that he
would seek the Republican nomination for mayor of New York City.
Damon Winter/The New York Times
Then he started talking about his suit.
“I think my wife paid $100 for this jacket,” Mr. Catsimatidis, who bills
himself a “common billionaire,” said as he gripped the lapel of a
plus-size Jos. A. Bank blazer. “I’m not wearing a $5,000 suit.” He
warned his daughter, standing nearby, that he would not be buying her an $80 million apartment. Later, he added, “I feel the people’s pain.”
“There were times in the ’80s,” Mr. Catsimatidis, a 64-year-old Upper
East Sider, said, “when I was afraid to walk from Fifth Avenue to
Madison Avenue.”
It was an unconventional announcement from an unconventional candidate,
a corporate dealmaker with no political experience, no natural
constituency and little support among the city’s chattering class.
But Mr. Catsimatidis, who appeared to be enjoying himself immensely
during Tuesday’s event, does have an estimated $3 billion fortune — more
than enough to mount a formidable advertising operation and, at the
very least, be a thorn in the side of a crowded Republican field of
candidates who are little known to the public.
An immigrant from Greece who made much of his fortune in the oil
business, Mr. Catsimatidis (pronounced Cah-tsee-mah-TEE-dees) said he
wanted to give back to a city that had served him well. “I’m a
visionary; I’m not a maintenance person,” he declared, going on to say
he understood the challenges facing small businesses, partly because his
grocery trucks often incur thousands of dollars’ worth of ticket fees.
His labor negotiation strategy involves a locked hotel room and frequent
deliveries of pizzas. “By 4 in the morning, everybody becomes a little
more reasonable,” he said. “After you eat the third pie of pizza, you
get more reasonable.”
On paper, Mr. Catsimatidis resembles another wealthy, long-shot mayoral
candidate, Michael R. Bloomberg, whose 2001 bid was initially dismissed
as a joke. And while Mr. Catsimatidis lacks some of Mr. Bloomberg’s
C.E.O. polish, he has a history of rubbing shoulders with top political
players, including several years as a top fund-raiser for Bill and
Hillary Clinton. Last year, he supported Mitt Romney, flying friends on
his private plane to Republican events around the country.
In 2009, Mr. Catsimatidis spent $300,000 exploring a mayoral bid, but opted out after Mr. Bloomberg decided to run again.
On Tuesday, he stood flanked by his family, including a son-in-law who
is a grandson of Richard M. Nixon, and two of the city’s five Republican
county chairmen, who have offered their support.
A Catsimatidis campaign, he said, would emphasize growing the city’s
economy — partly by reviving the World’s Fair, which he adored as a
young boy — and by maintaining public safety. “We’re not giving the
streets back to the criminals,” Mr. Catsimatidis said, noting later that
his cuff links were a gift from Raymond W. Kelly, the police
commissioner.
Some civic leaders remain skeptical that Mr. Catsimatidis will pursue a
full-throated candidacy. He dismissed those concerns, saying “I’m in it
to win it,” although he backed off an earlier pledge to devote $20
million of his own money to the cause. “Whatever you decide to spend on a
campaign, you go in increments,” he explained.
On one pecuniary matter, however, Mr. Catsimatidis was quite clear.
“I am going to work cheaper than Mayor Bloomberg,” he said, referring to
the mayor’s decision to take a $1 salary. “I was a grocer. I work for
99 cents.”
A version of this article appeared in print on January 30, 2013, on page A22 of the New York edition with the headline: Catsimatidis Announces Republican Run for Mayor.
Stop scratching on holidays
Published: June 1, 2012
Off Track Betting in New York State has
been racing into a crisis called shrinking revenue. Some people have
spitballed a solution: Don’t close on holidays.
New
York State Racing Law
bars racing on Christmas, Easter and Palm Sunday, and the state has
ruled OTBs can’t handle action on those days, even though they could
easily broadcast races from out of state.
“You
should be able to bet whenever you want,” said Jackson Leeds, a Nassau
OTB employee who makes an occasional bet. He added some irrefutable
logic: “How is the business going to make money if you’re not open to
take people’s bets?”
Elias
Tsekerides, president of the
Federation of Hellenic Societies of
Greater New York, said OTB is open on Greek Orthodox Easter and
Palm Sunday.
“I
don’t want discrimination,” Tsekerides said. “They close for the
Catholics, but open for the Greek Orthodox? It’s either open for all or
not open.”
OTB
officials have said they lose millions by closing on Palm Sunday alone,
with tracks such as Gulfstream, Santa Anita, Turf Paradise and
Hawthorne running.
One
option: OTBs could just stay open and face the consequences. New York
City OTB did just that back in 2003. The handle was about $1.5 million
– and OTB was fined $5,000.
Easy
money.
Published: June 1, 2012
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