NEW YORK CITY — Republican mayoral candidate Paul Massey has dropped out of the race, citing fundraising challenges.
"Today I am ending my campaign for Mayor of the City of New York," the GOP challenger wrote in a statement released Wednesday just before noon. "Unfortunately, the cost of running for office is extraordinary, and I do not see a path to raising the necessary funds to beat an incumbent mayor."
Massey praised his team and his supporters, citing his influence on the campaign's discussion of "education, housing and homelessness," as well as the "ongoing transit crisis."
He said he plans to work with nonprofit organizations and continue public service.
"New York certainly hasn’t heard the last from me," he said.
Massey is the latest candidate to drop out of the race, after Queens State Senator Tony Avella stepped down in May.
His decision clears the field for Staten Island Assemblywoman Nicole Malliotakis to clinch the GOP nomination to face off against Mayor Bill de Blasio.
"I will now be able to focus all my energies on defeating Bill de Blasio in the November election," Malliotakis said in a statement on Massey dropping out.
"Whether it’s yesterday’s A train derailment, our failing schools or an out of control homeless crisis, I will take these issues to the Mayor. I will challenge him on how he is running New York City into the ground and slowly returning it to the bad old days of the 1970s and 80s."