Failed Candidate & New York Hedge Fund Executive Can Sell His UES Apartment But Can’t Change Who He Is
PENNSYLVANIA – New reporting today from Crain’s New York Business reveals that David McCormick, known for his failed Pennsylvania Senate run and running a hedge fund that managed billions in China, sold two homes in Manhattan’s wealthy Upper East Side neighborhood for more than $14.3M. This sale comes after he previously sold his six bedroom Connecticut mansion for $6.5 million dollars.
The article notes that during McCormick’s previous failed run, he was seen as a “wealthy member of the East Coast elite.”
In McCormick’s previous failed Senate run he came under fire for his ties to China, selling out Pennsylvania workers, his hedge fund ripping off Pennsylvanians, and misrepresenting his business record.
Pennsylvania Democratic Party Spokesperson Jack Doyle issued the following statement:
“Hedge fund executive and failed candidate David McCormick was rejected by Pennsylvania voters because he is completely out of touch and will sell them out to benefit himself and billionaires like him. Selling his Manhattan homes is not going to make Pennsylvanians forget who he really is.”