Real estate industry bullish on Mayor Mike.As the Giuliani administration draws to a close, real estate sources were asked to gauge the effect that a new administration headed by mayor-elect 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. will have on their industry. "We are expecting a very pro-business city government. He'll make it easier for people to do business here," said Steven Spinola, Real Estate Board of 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 president. He added that many of his members know Bloomberg personally and "have very high respect" for him. Nicholas LaPorte, executive director of the Associated Builders and Owners of Greater New York Inc., also spoke highly of the next administration. "He was the best choice. He was a businessman so he'll understand what obstacles we face as an industry," said LaPorte. Bloomberg, who runs his own communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. , defeated his Democratic challenger Mark Green, the city's public advocate Public Advocate is a governmental position similar to an ombudsman. Depending on the jurisdiction it could be an elected or an appointed position. , by a slim margin. Bloomberg lagged behind Green in the polls during much of the campaign, but in the final weeks, was able to close the gap. "All indications are that Michael Bloomberg is very knowledgeable about the real estate world. I would expect that to translate into a positive respect for business growth in New York as there was under Giuliani," said Brian Schwagerl, senior manager of facilities planning for the Hearst Corporation The Hearst Corporation is a privately-held American-based media conglomerate based in the Hearst Tower in New York City, USA. Founded by William Randolph Hearst as an owner of newspapers, the company's holdings now include a wide variety of media. and a board member of the National Association of Corporate Real Estate Executives. "He knows that the economy is the engine that drives this city. And with his extensive business background, I think he will carry on what Giuliani started," said Ed Malloy, president of the Building and Construction Trades Council of Greater New York. Prior to entering the mayoral race, Bloomberg was immersed in one of the city's biggest commercial development--the new Bloomberg headquarters on the East Side. The project ultimately went to Vornado, now are now developing it. "When Giuliani came in, he wasn't a politician. Same story with Bloomberg--he was a businessman," said Andy Frankl, president of IBEX ibex (ī`bĕks), wild goat, genus Capra, found in rugged country on mountain ranges from central Asia to the Himalayas, S Europe, and NE Africa. Construction. "He runs a tight ship, and that's just what 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. needs now," said Frankl, whose firm has built some data centers for Bloomberg's company. During the race, much of the attention focused on Green's brother SL Green president Stephen Green Stephen Green, Steve Green and Steven Green may refer to:
That development is reportedly on track, and Bloomberg will watch it proceed from his new vantage point as mayor. |
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