THE LEDGERFollow The Money · Campaign Finance
Who has been funding all of this?
He turned down the county's small-dollar public financing — so he could take the big checks.
Friedson declined Montgomery County's public-financing system — the one that limits you to small-dollar donations from residents — and raised money the traditional way, which lets him accept large checks from businesses, PACs, developers, and landlords.12
A sample account — donors who gave, and the votes that helped them
| Real-estate donor | Gave | A Friedson action that helped them |
| RST Development (Copeland family) | $12,000 | Lifted the Bethesda development cap; corridor upzoning |
| Minkoff Development (Chod family) | $15,000+ | PILOT bills: 100% property-tax exemption up to 20 years |
| White Star Investments (Bajaj) | $6,000 | Eliminated parking minimums near transit; cap lift |
| Cornerstone Capital | $6,000 | Voted against the recordation tax on homes over $600K |
| Finmarc Management (Solomon) | $6,000 | Voted against rent stabilization; More Housing N.O.W. |
| EYA LLC | $5,000 | Parking elimination — $70K–$100K saved per space |
| MBIA Builders PAC | $7,000+ | Pro-developer votes; tried to remove the People's Counsel |
| Southern Management (landlord) | $3,500 | Voted against rent stabilization on 70,000+ units |
To be fair: dollar figures are verified from filings; the matching "action that helped them" is the public legislative record. We're showing you a pattern, not alleging a signed deal. You can decide what it adds up to.
And then, three months before the primary, the Greater Capital Area Association of Realtors — who had publicly thanked him for killing the luxury-home recordation tax — endorsed him.15
And the pattern isn't new. His first big developer tax break dates to his first term — the 2020 Metro-station PILOT, 15 years of 100% property-tax exemption, which he pushed through over the County Executive's veto.33
Even the green stuff. Friedson restored and championed roughly $20M/year for the Green Bank and authored green-building tax credits.16 Greener buildings are good — but ask the nexus question: who collects those credits? The same developers and large property owners.
Follow one donor: the $100 million exemption at Grosvenor.
You don't have to take the pattern on faith. Pick a single donor and trace it all the way through.
At the Grosvenor-Strathmore Metro station, on land owned by Metro, a company called Fivesquares Development is building Strathmore Square — roughly 2,000 apartments where a Metro parking lot used to be.36 Fivesquares was co-founded by Andy Altman and Ron Kaplan.36
In 2020, the County Council created a brand-new break for exactly this kind of project: a 15-year, 100% county property-tax exemption (a "PILOT") for high-rise housing built on Metro land. Andrew Friedson sponsored it, and the Council pushed it through over the County Executive's veto.33 By the developers' own account, Strathmore Square is "the first project to benefit" from that exemption.36
How big is the break? The bill's own fiscal analysis used Strathmore Square as its worked example and estimated the exemption would cost the county between $87 million and $106.5 million in foregone property tax — for this one project, over 15 years.36
And the people behind that project? They are among Friedson's donors.
The Strathmore Square team → Friedson's campaign (his own MDCRIS filings)
| Donor | Who they are | To Friedson |
| Fivesquares Development | The developer (1377 R St NW) | $6,000 |
| Ron Kaplan | Fivesquares co-founder | ~$6,000 |
| Andrew Altman | Fivesquares co-founder | ~$1,549 |
| Together | The team building the first PILOT project | ~$13,500 |
It didn't stop there. In 2025 Friedson sponsored a second giveaway — a 20-year, 100% property-tax exemption for converting offices to housing. Will Jawando was the lone "no" vote on the Council, 10-to-1. When the County Executive vetoed the bill, the Council overrode it 9-to-2 — Jawando and Kristin Mink dissenting.38