Michael Bloomberg's Real Record as NYC Mayor
This Contains the Part of Bloomberg's Record You Won't See in His Ad Campaign
I started reporting for Queens Buzz in the second half of 2007, in anticipation of the website opening in 2008. At the time, politics wasn't in the docket. But over time, as I watched government and political events unfold, I couldn't ignore the huge gap between what was happening - versus what was reported to be happening.
Thus over time I began reporting on NYC, NYS and eventually national politics, doing in-depth research along the way, so that I could provide our readers with a fresh point of view, based on facts and knowledge, with scant pandering to the politicial spin.
While I only began tuning into NYC politics as a reporter during Michael Bloomberg's third term, I had picked up information about him prior to that as an aware NYC resident / voter. My first glimpse into Republican Mayor Michael Bloomberg's anti-democratic tendencies came about in 2004, during the Republican Presidential Convention, when Bloomberg appeared to illegally lock up people protesting the wars and policies of then president George W. Bush. But before I delve into that aspect of Bloomberg's performance, I want to highlight a few others.
Disdains Democracy: Overturns Mayoral Term Limits
Thus Michael Bloomberg sought and won a third term - which he essentially bought - by funding his campaign with nearly $100 million of his own money, to defeat an relatively unknown candidate, retiring City Comptroller Bill Thompson.
Thompson was not given much support by the Democratic Party in that election, likely because they didn't believe he would do anywhere near as well as he did, and they were competing with a billionaire who could / would and did greatly outspend the competition. The final vote was 50.7% for Bloomberg and 46.3% for Thompson.
Did Former Mayor Bloomberg Override Term Limits in Order to Cash In NYC's Municipal Real Estate Holdings?
The deals on the Bronx Terminal Market, Hudson Yard, Hunters Point South & Flushing Meadow Corona Park were all begun in 2007. So were the two multi-billion dollar [each] subway line extension projects - the Q and the #7.
All of the real estate developments and the two major subway infrastructure projects seemed to greatly benefit one person - Stephen Ross and his privately held Related Companies. Stephen Ross went from not being counted as a billionaire at the beginning of Bloomberg's Mayoralty, to becoming the richest real estate developer in New York City within a couple of years after he took office.
It's worth noting that Bloomberg's net worth during this period shot up too. And that Bloomberg LLP, the company he founded, also operates in NYC and is also privately held.
Former Mayor Michael Bloomberg's Real Record as Mayor
The Real Record of Mike Bloomberg's Accomplishments as Mayor - Doubling of Homelessnes, Taxpayer Funded but Privately Owned Luxury Apartments, Massive Public Land Giveaways to Friendly Developer, Massive Public Transit Spending Benefitting Same Developer, Privatization / Profitization of Many Public Schools, Failure to Negotiate with Unions, City Time Scandal & Racist Stop N' Frisk Policing Program
The report includes:
2) AFFORDABLE HOUSING: Bloomberg sold the public on funding 'affordable' apartments that rented for $48,000 per year. These were publicly funded but privately owned apartment units that Bloomberg sold to the public as 'affordable' in order to gain passage of the bills authorizing them.
3) PUBLIC LAND GRAB. Four huge real estate developments appeared to be given to Stephen Ross & Related Companies which are now worth billions. The public lands reportedly sold for $1 apiece include Hudson Yard, Hunters Point South and the still pending Flushing Meadows Corona Park development. I'm not sure but Bronx Terminal was also transferred in a sweet deal to the real estate developer Stephen Ross & Related Companies.
4) PUBLIC SPENDING BENEFITTING FRIENDLY DEVELOPER. Bloomberg pushed two subway line extensions that seemed to disproportionately benefit Stephen Ross & Related Companies. The subway line extensions were 1) the #7 subway line extension that supported Stephen Ross & Related Companies Hudson Yard development and 2) the Q subway line extension which greatly enhanced the value of Stephen Ross and Related Companies Upper East Side properties.
5) PRIVATIZATION OF PUBLIC SCHOOLS. Bloomberg's privatization of a significant portion of the NYC public school system which appeared to tear apart the NYC public school system by enabling for profit private charter schools, disproportionately favoring Eva Moskowitz and Success Academy, to recruit the best students of the NYC public school system, while leaving the rest behind in the hands of the public and unions;
6) UNION BUSTER? Bloomberg's failure to sign a single major union contract during his 12 year administration and the
7) GIULIANI / BLOOMBERG CORRUPTION. City Time corruption scandal.
8) RACIST POLICING POLICY. Presided over racist Stop N' Frisk policing policy.
CLICK here to read the rest of our report on the part of the Mike Bloomberg's record of Mayor. The part of the Bloomberg record you won't see in his $33 million ad campaign to convince Democrats to vote for him. Billionaire Bloomberg, like the billionaire President, seems to have an inclination to distort the truth.