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Mayor Bloomberg and his Deputy Mayor for Economic Development & Rebuilding Daniel L. Doctoroff oversaw one of New York City's most dramatic economic resurgences, spearheading the effort to reverse New York's fiscal crisis after the attacks of 9/11 through a five-borough economic development strategy. By focusing on making New York's economy ...
Michael Rubens Bloomberg (born February 14, 1942) is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L.P., and was its CEO from 1981 to 2001 and again from 2014 to 2023. [1]
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As mayor, Bloomberg launched a program called Opportunity NYC, the nation's first-ever conditional cash transfer pilot program, designed to help New Yorkers break the cycle of poverty in the city. He instituted a $7.5 billion municipal affordable housing plan, the largest in the nation, that is supposed to provide 500,000 New Yorkers with housing.
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Unlike his cash-poor Democratic rival, who had just emerged from an expensive primary and expected to rely on traditionally reliable free media coverage that never materialized, Bloomberg continued to spend $74 million on TV ads and direct mail in the weeks after the attacks, which was a record amount at the time for a non-presidential election ...