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Moguls pressed for memorial cash

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At a recent Gracie Mansion breakfast where Mayor Bloomberg had assembled some of the city’s leading real estate developers, each mogul was urged to donate $5 million to the World Trade Center Memorial Foundation. It’s a request the developers may have trouble ignoring: “When the mayor of the city in which you are doing business asks you for money, it is almost impossible for you to say no,” said one real estate insider. Since taking over leadership of the memorial foundation in October, Bloomberg has raised over $100 million for the project. more [NYO]

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