Bloomberg mulls city’s future in final address as mayor

Credit: Getty Images
In his final address in office, Mayor Michael Bloomberg reflected on the the past, present and future of the city he ran for 12 years.
Credit: Getty Images

In his final major address in office, Mayor Michael Bloomberg reflected on the the past, present and future of the city he ran for 12 years.

“When I think back to when I moved here in 1966, what was happening, New York was beginning to decay,” the mayor said during an Economic Club of New York lunch Wednesday.

At the time, he said, politicians believed the city would continue to thrive even if it was “dysfunctional and dystopian.”

“As soon as you begin to take success for granted, you begin to fail,” Bloomberg said.

Throughout his remarks, the mayor noted successful projects and initiatives that he believes helped make the city a global leader. He said his administration lifted zoning restrictions that were hampering economic growth, expanded transportation alternatives like CitiBike and worked with other cities to combat the sale of illegal guns and the effects of climate change.

“The common denominator in all of these actions is a commitment to investing in the future. When city governments fail to look ahead, cities fail,” he said.

Bloomberg said he was optimistic about the city’s future, but acknowledged that Mayor-Elect Bill de Blasio must tackle growing pension costs, which increased from $1.5 billion to $8.2 billion during his own three terms.

The mayor warned that de Blasio, who was backed by several unions throughout the mayoral campaign, should resist a “labor-electoral complex” and focus on what is best for future generations.

“I really do believe that the best days are still ahead for our city, but that requires all of us – government and the people outside of government – to understand the basic truths: there are no free lunches, we cannot continue to pay more than we need to, we have to make the big investments in infrastructure and in our labor force that will give us a future,” the mayor said.

Follow Anna Sanders on Twitter @AnnaESanders



News
Entertainment
Sports
Lifestyle
Local

MAP: New York City Street Closures August 22,…

The Percy Sutton Harlem 5K and NYC Family Health Walk-a-thon and Pakistan Day Parade and Fair will cause traffic delays and street closures in New York City this weekend. Plan…

International

U.N. nuclear inquiry on Iran seen making slow…

The U.N. nuclear watchdog appears to have made only limited progress so far in getting Iran to answer questions about its suspected atomic bomb research, diplomatic sources said on Friday,…

National

Violence-weary Missouri town sees second night of calm

By Nick Carey and Carey GillamFERGUSON Mo. (Reuters) - The violence-weary town of Ferguson, Missouri, saw a second straight evening of relative calm on Thursday…

National

Journalist James Foley's parents, after call with pope,…

The parents of James Foley, the American journalist killed by Islamic State militants in Iraq, on Friday called for prayer and support to free the remaining captives held by Islamic…

Television

Recap: 'The Knick,' Season 1, Episode 3, 'The…

The third episode of Steven Soderbergh's "The Knick" finds Dr. Thackery (Clive Owen) meeting an old flame and other characters embracing self-destruction.

Music

Webcast: Watch Polyphonic Spree live on Sunday Aug.…

Polyphonic Spree singer Tim DeLaughter sits with Metro Music Editor Pat Healy for a chat and then the big band performs live. It begins on Sunday at 9:30 pm

Movies

Matthew Weiner on directing 'Are You Here' and…

"Mad Men" creator Matthew Weiner discusses his movie "Are You Here," his history writing comedy and the tiny movie he directed in 1996 you can't see.

Movies

Michael Chiklis on his football past and 'When…

Michael Chiklis remembers playing football in high school and how that prepped him to play a coach in "When the Game Stands Tall."

NFL

3 things we learned about the Giants in…

The Giants claimed the Snoopy trophy in a battle of MetLife Stadium tenants Friday night. But more importantly, the offense finally showed some life in…

NFL

3 things we learned about the Jets in…

The Jets lost the Snoopy Bowl, 35-24, to the Giants, losing the trophy and local bragging rights.

NFL

Fantasy football draft guide: How to draft your…

Many are wondering if we’re entering a new age in fantasy football drafting — one where running backs take a backseat.

NFL

Jets vs. Giants: 3 Giants storylines to watch

The Giants have plenty to work on as they reach the dress rehearsal preseason game Friday night against the rival Jets.

Sex

Big weddings may lead to long-term happiness

Dreaming of a big wedding? A new study indicates that the longer your guest list, the happier you’ll be in the long run. l A…

Sex

Online dating for every generation

Frank Jackson and his mother Maggie are like lots of modern families: They have dinner together regularly, keep each other updated on their lives —…

Wellbeing

Going green could be the key to getting…

If we could just pursue the things that would actually make us happy, we could help the environment too, according to a New York researcher.…

Tech

Siren: A new dating app that puts women…

Online dating can be brutal, especially for single women. Noting that many women hate wading through inappropriate messages and photos, two tech entrepreneurs decided to…