November 7th 2023.
New York City's Mayor Eric Adams recently made the claim that he is completely unaware of KSK Construction, the firm at the center of a federal campaign finance investigation. During a television interview with Daily Mail, Adams was asked if he had any prior involvement with the company and he replied, “Not to my knowledge.” He went on to suggest that KSK was simply one of many organizations that supported his campaign.
Not long after Halloween, the FBI conducted a search of the Crown Heights home of Eric Adams' primary fundraiser, Briana Suggs, 25. The search was part of an investigation into potential corruption and law enforcement seized phones, laptops, and documents. Adams stated during the interview that he has been in communication with Suggs and his legal team.
Campaign finance records reveal that 11 employees of KSK Construction made donations of around $1,250 each on the same day, amounting to nearly $14,000. Furthermore, KSK's co-owner Erden Arkan made a personal donation of $1,500 to Adams and even organized a fundraiser that brought in close to $70,000.
In spite of the ongoing investigation, Mayor Adams maintained his innocence and expressed his faith in Briana Suggs, who had managed to raise $18 million for his 2021 campaign. He declared that “Where there’s smoke, there’s not always fire.”
KSK Construction is a Brooklyn-based firm that specializes in condo and hotel developments, among other projects. According to its founder Ulgur Aydin, the company has constructed over 50 buildings in New York City, which is low in comparison to real estate standards. Aydin expressed his hopes and goals for the coming year in an article with Construction Today, which include obtaining more projects and continuing to develop. Currently, KSK has 35 active construction jobs in Brooklyn, Manhattan, Queens, and The Bronx.
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