X


NAME


EMAIL


SUGGESTED
UPDATE


[wpgdprc "By using this form you agree with the storage and handling of your data by this website."]

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Michael Bloomberg

Founder and CEO
Bloomberg L.P.
731 Lexington Avenue
New York, NY 10022
(212) 318-2000
Website

Michael Bloomberg was the 108th mayor of New York City, and is one of the worlds wealthiest business men. Since first winning election in 2001, Bloomberg has reshaped New York Citys zoning laws. His City Planning Commissioner, Amanda Burden, oversaw114 rezonings in areas like the Hudson Yards and Willets Point, covering almost 37 percent of New Yorks land area. Prior to becoming mayor, Bloomberg founded Bloomberg L.P., a financial news and information services media company.

Central to the Bloomberg administrations approach to real estate was the 2007 release of PlaNYC 2030. By 2030, New York Citys population was expected to grow to 9 million people, and to prepare for the new residents, Bloomberg released a 127-point agenda to make us use fewer fossil fuels while absorbing a million new city residents.

A number of green proposals are central to PlaNYC, including cutting the citys greenhouse-gas emissions 30 percent by 2030. The plan calls for planting more trees and converting taxis to less-polluting hybrid vehicles, and putting windmills on top of skyscrapers. (In 2011, furthering these policies, the city unveiled a set of 20 new green zoning guidelines aimed at removing obstacles to sustainable building practices.)

Bloomberg focused on creating denser, more transit-oriented development, paving the way for homes to be built into once-industrial swaths of land, notably along the Williamsburg waterfront in Brooklyn. Bloomberg has vowed to create or preserve 165,000 affordable units by 2014.

During the Bloomberg years, the city attempted to make its zoning laws easier to access and understand. For instance, in 2011, the city launched a new web application that allows New York City residents to find zoning and land use information pertaining to a particular property or a wider geographic area. The same year, Amanda Burden released a 168-page book aimed at demystifying NYC zoning rules.

As of 2011, Bloomberg was the second richest person in New York City, and the 30th richest in the world, with a net worth of $18.1 billion. He owns millions of dollars worth of Manhattan real estate, including a five-story townhouse at 17 East 79th Street, between Fifth and Madison avenues. He purchased the Beaux-Arts mansion in 1986 for $3.5 million; it has recently been appraised at a reported $16 million. Other Bloomberg properties include two $40 million townhouses on East 78th Street and Madison Avenue that he bought for the Bloomberg Family Foundation. In 2007, he paid $41 million for the James Graham & Sons gallery building at 1014 Madison Avenue.

-GB


04/01/2016
Here’s a fun fact: New York City has more billionaires than any other city on the planet. Last month, Forbes reported that 79 billionaires call Here’s a fun fact: New York City has more billionaires than any other city on the planet. Last month, Forbes reported that 79 billionaires call...

02/01/2012
Indeed, four of the state’s most influential residents â€' Mayor Michael Bloomberg, Governor Andrew Cuomo and Hillary and Bill Clinton â€' all own homes in different Westchester County towns (Bloomberg in Bedford, Cuomo in Mount Kisco and the Clintons, of course, in Chappaqua)...

01/03/2012
Even in a year marked by continued economic malaise, buyers, sellers, landlords, lenders, builders, investors and even tourists broke records in New York in 2011.Even in a year marked by continued economic malaise, buyers, sellers, landlords, lenders, builders, investors and even tourists broke records in New York in 2011....

09/02/2011
Over the summer, New York City crossed the three-quarters mark on the way to Mayor Michael Bloomberg's goal of churning out 165,000 units of affordable housing by 2014...

04/01/2007
East 78th Street between Fifth and Madison avenues stands out for its three top sales since 2005, including a $45 million purchase by Mayor Michael Bloomberg...