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Development issues on Bloomberg's agenda.


Waterfront development, enhanced transportation and rebuilding lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North  were addressed by Mayor Michael Bloomberg Michael Rubens Bloomberg (born 14 February 1942) is an American businessman, and the founder of Bloomberg L.P., currently serving as the Mayor of New York City. He was a general partner at Salomon Brothers before founding the financial software service company in 1981.  in his first State of the City Speech last week.

Other issues that Bloomberg dealt with were stimulating economic growth, modernizing city government, reforming the school system and keeping New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 safe. He prefaced his speech by saying that the state of the city is "strong."

"Today, the proudest words spoken by an American are, 'I am a New Yorker,"' he said.

Bloomberg called rebuilding lower Manhattan "only a start," as other tasks lie ahead, among them renewing the waterfront and boosting economic growth throughout the city. Security was the next issue that Bloomberg discussed, saying that "New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 must continue to be the safest large city in the nation."

Due to the terrorist threat, the NYPD NYPD New York City Police Department (since 1845; New York City, NY, USA)
NYPD New York Play Development
 created a deputy commissioner of intelligence and a deputy commissioner of counter terrorism, he said.

Bloomberg then addressed the "serious fiscal problems" that face New York City. In order to balance the budget, he prescribed "discipline."

Despite the 20% personnel and expense cuts, Bloomberg still criticized the bloated city workforce. "We just don't have the money to continue this level of staffing," he said, indicating that more municipal layoffs are imminent. On the transportation front, Bloomberg said that improved ferry service is "critical," since already more people commute by ferry in New York City than in any other city in the nation.

Switching gears, he praised American Express' decision to return to their World Financial Center headquarters in lower Manhattan.

He returned to the issue of waterfront development next, noting that New York City has over 500 miles of shoreline "yet much of it is inaccessible and neglected."

He urged Albany to pass brownfields legislation that would allow decrepit de·crep·it  
adj.
Weakened, worn out, impaired, or broken down by old age, illness, or hard use. See Synonyms at weak.



[Middle English, from Old French, from Latin d
 waterfront sites to be converted into housing and other developments. Near the close of his speech, Bloomberg said that the city will "compete aggressively" for the 2012 Olympic games Olympic games, premier athletic meeting of ancient Greece, and, in modern times, series of international sports contests. The Olympics of Ancient Greece


Although records cannot verify games earlier than 776 B.C.
.

In closing, he said that "we must respond now as New Yorkers always have responded to challenges."
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Title Annotation:Michael Bloomberg
Author:Chapman, Parke
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 6, 2002
Words:337
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