Four LIers among Top 20 wealthiest state legislators

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Four Long Islanders rank among the top 20 New York State legislators in net worth, according a new report issued Tuesday.

The New York Public Interest Research Group and Common Cause, two groups that monitor state lawmakers, released a report and database based on new, more detailed financial disclosure forms legislators filed earlier this year. The report focuses on lawmakers outside income and household worth.

The wealthiest lawmaker is Assemb. Jane Corwin (R-Clarence), whose household net worth is estimated between $40 million and $74.6 million (lawmakers have to provide a range of value for income and assets, not a precise amount). Her father ran The Talking Phone Book, a company that was sold in 2004 for a reported $400 million.

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Second is Assemb. Amy Paulin (D-Scarsdale), whose household net assets are estimated between $18.7 million and $34.8 million.

Assemb. Charles Lavine (D-Glen Cove) ranks No. 3 in the state with between $6 million and $10.6 million, largely attributed to investments.

Sen. Jack Martins (R-Mineola) ranks No. 10 with between $3.2 million and $4.1 million in assets, more than half of that coming from stock in J&A Concrete Corp. and J&A Contracting, two Long Island-based businesses owned by the Martins family.

Assemb. Steven Englebright (D-Setauket) ranks No. 17 with between $1.8 million and $2.9 million in assets; the largest chunks are lots he owns on Shelter Island worth between $500,000 and $1 million.

Sen. Kenneth LaValle (R-Port Jefferson) ranks No. 18 with between $1.6 million and $2.7 million in assets.
 

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