As of 11:45 p.m., 97 percent of the expected vote is reporting in New York’s 3rd District, and Suozzi is leading Pilip 54 percent to 46 percent. Although that margin will probably narrow by a couple of points when all is said and done, it’s clear that Suozzi has scored a big win for Democrats that will have big implications both on Long Island and in Washington, D.C.

Rather than stay up for every last ballot to be counted (often a fool’s errand in New York), we’re calling it a night here on the ol’ live blog. Thanks so much for joining us, and we hope to see you back here for the South Carolina Republican primary on Saturday (😱), Feb. 24!

—Nathaniel Rakich, 538

While Suozzi looks to be en route to a 6-to-7 point victory, it's pretty clear he won among an electorate that had an unfavorable view of Biden: 57 percent of likely voters had an unfavorable view of the president in a Siena College/Newsday survey of the special election, but Suozzi led by 4 points, not too different from his actual win. And revealingly, nearly one-fourth of Suozzi's supporters had an unfavorable view of Biden. Now, Suozzi has a long-established political profile on Long Island that likely won over some voters displeased with Biden. But at the same time, this suggests that Biden — despite his 38 percent approval rating — might still be able to win over some of the voters who are frustrated with the status quo, especially in a "choice" election between him and Trump.

I say this because we saw something like this in the 2022 midterm elections, when the exit poll found that Democrats narrowly won among those who somewhat disapproved of Biden's job performance. This was a notable shift from the 2010 and 2014 midterms, when those who somewhat disapproved of Barack Obama backed Republicans by some distance. Right now, Biden is running about even or even slightly behind Trump in the polls, so a major question will be whether some voters who are unhappy with Biden but voted for Democrats in recent elections might still go for him by the time we get to November.

—Geoffrey Skelley, 538

In terms of what factors might actually externalize out of NY-03 tonight, I'd pick the durable appeal of the ideological moderate as a likely one. This is not the place to rehash the social science evidence for the benefits of ideological moderation in general elections, but note that Suozzi ran to the right of most Democrats on issues such as immigration and crime. These are issues that are particularly important to New Yorkers right now, but also relevant in other swing districts.

Abstracting from that, one piece of "News Analysis" ( scare quotes intentional) is that much of the coverage of Joe Biden's potentially weakness versus Donald Trump in November has revolved around the president's weakness with lefty young voters over the situation in Israel-Gaza since October. And while that may end up proving consequential, an easier prediction is that Biden will suffer more if he is seen as a liberal ideologue.

—G. Elliott Morris, 538

Despite what looks to be a relatively comfortable win for Democrats tonight, our entire conversation tonight only emphasizes how closely the country is divided on partisan lines.

As Nathaniel said, Republicans have a razor thin majority in the House, and Democrats will be fighting to keep their majority in the Senate this fall. It's early, but we expect the presidential election to be close. Whatever happens in any individual race, politics in the country remains deeply divided. We'll keep seeing more evidence of that the closer we get to November.

—Monica Potts, 538

If Suozzi emerges victorious when the dust settles tonight, he may have his overwhelming financial advantage to thank. Suozzi and his Democratic allies outspent Pilip and her GOP backers on TV nearly 2-to-1, according to data from AdImpact. Overall, Team Blue ran $13.2 million worth of TV advertising — across broadcast, cable, satellite and streaming channels — compared to $7.7 million for Team Red.

Suozzi himself spent $3.85 million on TV, and was bolstered by $5.4 million from House Majority PAC, the main Democratic House super PAC, and $3.9 million from the Democratic Congressional Campaign Committee. Pilip bought just $200,000 in TV ads herself, but received significant support from the GOP Congressional Leadership Fund super PAC ($4.3 million), the National Republican Congressional Committee ($2.3 million) and $967,000 from Secure NYS PAC, a super PAC that won’t have to disclose most of its donors for another month.

Looking only at total dollars spent actually undersells the Democratic advantage on the airwaves. That’s because Suozzi’s campaign spent so much more than Pilip’s campaign, and candidates get much more favorable pricing for their ads than super PACs do. Democrats overall were able to air 6,964 gross ratings points (the metric professionals use to measure the reach of TV ads) compared to just 3,526 for Republicans.

It’s no accident that Suozzi has been able to marshal more financial firepower than Pilip; according to the latest FEC filings, which covered a period ending Jan. 24, he outraised her by a factor of three. Suozzi is a fixture on the political scene and had the fundraising network of a three-term congressman and two-time gubernatorial candidate, while Pilip began the race as a little-known county legislator. That comparative advantage is probably a major reason party leaders picked Suozzi to begin with, and if he wins, it will look like a bet that paid off big.

—Jacob Rubashkin, Inside Elections