{"id":4625,"date":"2009-06-04T16:49:00","date_gmt":"2009-06-04T22:49:00","guid":{"rendered":"http:\/\/www.nmpolitics.net\/index\/2009\/06\/guess-who-the-nmfa-rents-its-office-space-from\/"},"modified":"2009-06-04T16:49:00","modified_gmt":"2009-06-04T22:49:00","slug":"guess-who-the-nmfa-rents-its-office-space-from","status":"publish","type":"post","link":"https:\/\/nmpolitics.net\/index\/2009\/06\/guess-who-the-nmfa-rents-its-office-space-from\/","title":{"rendered":"Guess who the NMFA rents its office space from?"},"content":{"rendered":"

Sonny Otero, who gave Richardson\u2019s re-election campaign $50K in 2006 after his family made millions selling land to the state, also makes $26K a month from NMFA lease<\/span><\/p>\n

I wrote a couple of weeks ago<\/a> about a land deal the feds should add to the list of things they\u2019re investigating as part of their probe<\/a> into allegations of pay to play in the Richardson administration.<\/p>\n

It\u2019s a deal in which the state paid the family of Santa Fe contractor Sonny Otero millions for a parcel of land it apparently didn\u2019t need. Then Richardson got a $50,000 campaign contribution from Otero for his 2006 re-election campaign.<\/p>\n

Now The Santa Fe New Mexican<\/a> is reporting on another deal Otero has with a state agency. He\u2019s currently making $26,000 a month as landlord for the New Mexico Finance Authority<\/a>, an agency that is tied up in the investigation into allegations that CDR Financial Products<\/a> received a state investment contract that paid almost $1.5 million in exchange for $110,000 in contributions to two Richardson political committees and his 2006 gubernatorial re-election campaign.<\/p>\n

From The New Mexican:<\/p>\n

\n

\n

\u201cSince March 2005, Sonny Otero and his wife, Lorraine Otero, have leased the three-story building at 207 Shelby St.<\/a>, between Alameda and Water streets, to NMFA.<\/p>\n

\u201cThe lease started out at $18,750 a month for about 12,500 square feet of office space. That figure included utilities and downtown parking spaces for the agency\u2019s 36 or so employees. A few months later, NMFA exercised its right of first refusal and leased an additional 2,500 square feet in the building, bringing the monthly rent up to $22,500. That figure also included utilities and parking.<\/p>\n

\u201cThe rent went up again last year. In May 2008, the monthly rent increased to $26,000. The extra money, according to an amendment to the lease contract, was \u2018to cover extraordinary utility costs, insurance, taxes and parking fees.\u2019\u201d<\/p>\n<\/blockquote>\n

\n

One noteworthy sentence from the article: \u201cWithout even being asked about it Wednesday, Sisneros said, \u2018I never talked to Richardson about this.\u2019\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Sonny Otero, who gave Richardson\u2019s re-election campaign $50K in 2006 after his family made millions selling land to the state, also makes $26K a month from NMFA lease I wrote a couple of weeks ago about a land deal the feds should add to the list of things they\u2019re investigating as part of their probe […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4625","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/posts\/4625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/comments?post=4625"}],"version-history":[{"count":0,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/posts\/4625\/revisions"}],"wp:attachment":[{"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/media?parent=4625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/categories?post=4625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nmpolitics.net\/index\/wp-json\/wp\/v2\/tags?post=4625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}