This article from the Village Voice gives a detailed look at Abyssinian Baptist Church's Reverend Calvin Butts and the big money dealings of their real estate arm known as the Abyssinian Development Corporation.

Village Voice - From the church pulpit, like the Powells before him, the always crisply attired Butts has talked his way into a role as one of Harlem's key political power brokers—a position that is not without its benefits. In 1998, Butts endorsed the Republican incumbent governor, George Pataki. The following year, Pataki appointed him president of SUNY–Old Westbury, where he continues to earn $200,000 a year. And while he was a harsh critic of Mayor Rudolph Giuliani, once calling him a "racist," Butts not only endorsed the Republican Michael Bloomberg, but has said hardly a word against his policies. Bloomberg's City Hall has lavished $68.6 million in government money on the organization, according to the city comptroller's office. The mayor himself has made repeated charitable donations to ADC, and once sat down at a fundraiser and wrote out a $1 million check on the spot. After Senator Hilary Clinton secured $1.5 million in earmarks for ADC, Butts endorsed her for president.