Wealthy Man Vying For Council Seat Realizes He’d Rather Pull Strings By Forming PAC

With Councilman Domenic Recchia term-limited out of his seat and planning a run against Michael Grimm for a spot in the Congress, a mad scramble to fill the District 47 seat has begun. Early candidates include Christine Quinn aide John Lisyanskiy, activist Todd Dobrin, former Community Board 13 Chairman Brian Gotlieb and Assemblyman Bill Colton aide Mark Treyger. One candidate who considered joining the race was 27-year-old Louis Jerome, a young and wealthy real estate scion from JEMB Realty.

According to a report by Capital New York, Jerome has decided not to run for the council seat and is instead forming a Political Action Committee (PAC). Jerome plans to file paperwork this week to get the PAC going and will provide it with a healthy first-round of funding. Jerome will also solicit contributions for the PAC from around the city.

I guess the young Jerome realizes that the pursuit of power might be easier in just using money to buy influence among whichever candidate wins the election, rather than go through the effort and indignity of being the politician himself.