Michael Bloomberg | The Real Deal New York

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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


04/17/17
...launched in 2013 and received early support from then-Mayor Michael Bloomberg. Kushner told The Real Deal at the time the concept of the business is...

03/29/17
...Every surface in Michael Bloomberg’s 22,000-square-foot Southampton mansion may need an extra scrubbing. Two managers of the $20 million...

03/29/17
...Michael Bloomberg and his mansion at 117 Whites Lane, and the $45 million spec home at 97 Mid Ocean...

03/29/17
...DOB doled out 14 violations for the house when Michael Bloomberg was mayor (although Bloomberg never lived there). Mayor De Blasio has lived at Gracie...

03/23/17
...home is three blocks away from former Mayor Michael Bloomberg’s townhouse, according to the newspaper. A one-bedroom unit went for $800 per night, the...

03/16/17
...Harvard and rubbed shoulders with Henry Kissinger and Michael Bloomberg. Anbang also purchased the Strategic Hotels & Resorts portfolio from the Blackstone Group, but...

03/14/17
...scale down the commercial portion of project. Mayor Michael Bloomberg and Deputy Mayor Daniel Doctoroff wanted 7 percent — or 700,000 square feet of space — to be...

03/03/17
...matter. By this point in his administration, Mayor Michael Bloomberg had rezoned far more of the city than de Blasio has, a new map...

03/01/17
...performing a circumcision. That rule was implemented under Michael Bloomberg after a wave of herpes infections, which mohels reportedly spread to children during the...

02/13/17
...different from his predecessor (though he never named Michael Bloomberg) and how he'll challenge Trump's policies. The mayor, however, faces some headwinds in the...

02/02/17
...between Sunnyside Yards and Queensbridge Houses. Under Mayor Michael Bloomberg’s administration, the city rezoned Long Island City in 2001, but officials said the plan...

01/19/17
...good luck,” New York City’s former mayor Michael Bloomberg said at the Waldorf event. “And I think given what’s going on in...

01/15/17
...-year-old daughter of former New York City Mayor Michael Bloomberg and Susan Brown. Jumping on the Nations Cup team for the USA here in...


01/13/17
...in fiscal 2013, the last year under former Mayor Michael Bloomberg. A spokeswoman for Mayor Bill de Blasio told the Wall Street Journal, “The property...

01/13/17
...From left: Michael Bloomberg, Wu Xiaohui and Henry Kissinger Donald Trump was the elephant in the Waldorf Astoria...

01/05/17
...municipal elections and said it helped put Mayor Michael Bloomberg over the line in 2001 and 2009. "This mayoral endorsement — which is the earliest ever by...

01/04/17
...Charlie Rose and lives blocks away from Mayor Michael Bloomberg on the Upper East Side. But Weisbrod is an old hand at city politics...

12/31/16
...build the memorial after the station. But then-Mayor Michael Bloomberg wanted the memorial finished for the 10th anniversary of the September 11 attacks — so the...

12/05/16
...a Republican in the mold of former Mayor Michael Bloomberg, pledged to "eradicate homelessness" as well as work to reform education. While he didn't...

12/01/16
...Back in 2005, former Mayor Michael Bloomberg promised to build a public park as part of a deal to rezone the...

11/11/16
...is expected to cost around $2 billion. Former Mayor Michael Bloomberg donated $100 million for the construction of the first phase of the campus.  -- Miriam...

11/08/16
...Realty Services to Cushman for a reported $100 million. Michael Bloomberg spent over $108 million on his 2009 reelection bid, campaign finance records show. John Catsimatidis was...

10/18/16
...plan was put in place in 2005 by then-Mayor Michael Bloomberg and then-Gov. George Pataki and was the third joint supportive housing plan between the...

10/18/16
...than Trump was former New York City Mayor Michael Bloomberg, who one owner hopes will pull a November Surprise and throw his hat into...
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