Hudson Yards and New York’s love-hate relationship with Mayor Bloomberg

July 18, 2012

(Updates with background on Fiscal Policy Institute, details on city bonds)

New York City’s Hudson Yards project – a $12 billion transformative development slated for Manhattan’s West Side – embodies several aspects of the Bloomberg administration’s strategies that infuriate critics while delighting boosters.

NYC Mayor Bloomberg: Highly-indebted U.S. could go the way of Europe

May 4, 2012

New York City Mayor Michael Bloomberg slammed the federal government for following the same fiscal path that has cost European governments so dearly, perhaps offering Democratic President Barack Obama and Republican challenger Mitt Romney hints about what policies he would like to see from them to win his endorsement as a moderate independent. Bloomberg’s seal of approval carries added weight because he is a billionaire businessman with close ties to Wall Street, a source of donations as well as a powerful force in the economy.

Personal safety and economic health in New York City

May 2, 2012

New York City Mayor Michael Bloomberg often makes the point that the city’s economic health depends on steadily reducing crime rates. Speaking late last week at at a conference organized by the Regional Plan Association, a group that tries to improve the quality of life in New York, Connecticut and New Jersey, Bloomberg said: