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November 10, 2005
DON'T EXPECT MUCH FROM BLOOMBERG. Term Limit
The New Republic Online
by Fred Siegel
Bloomberg's victory is yesterday's news. Now local analysts are doing the political calculus over the problems the City is facing in Bloomberg's second term, including shifts in the political balance of power between the City and Albany that could affect large development projects:
Bloomberg is likely to clash with Sheldon Silver, the powerful speaker of the state assembly, over office construction at Ground Zero. Bloomberg is against it, but he's in favor of subsidizing 1.9 million feet of new office space being proposed by developer Bruce Ratner in Brooklyn. That's sure to leave Silver, who represents lower Manhattan, angry, complicating Bloomberg's chances of getting additional money out of Albany.
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Posted by lumi at November 10, 2005 7:08 AM