Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
Term Limits Proponent Blesses Third Term for Bloomberg
By
Jen Chung
Published Sep 30, 2008
Modified Sep 30, 2008
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
Jen Chung
Published Sep 30, 2008
Modified Sep 30, 2008
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
Any third term aspirations Mayor Bloomberg has got a vote of confidence from fellow billionaire Ronald Lauder--who funded the previous campaigns to implement term limits. Lauder told the Post, "I've been reading that Mayor Bloomberg might be interested in serving a third term. Because of the unprecedented times, this is welcome news. To me, Mayor Bloomberg's brilliance in the financial sector, particularly Wall Street, would be invaluable."
He also said, "If it wasn't for the fact of what's happening today in the world, particularly Wall Street, it would be a different story. But we need [Bloomberg's] expertise in New York." The Post's David Seifman thinks this means Bloomberg will return for the trifecta--and could be unstoppable, given his $20 billion in resources.
Lauder, who says he has not spoken to Bloomberg, would support an additional term but also called it a "one time-event" (he says term limits should revert to two terms in 2013 and then be decided in a voter referendum), explaining, "I was born and bred in this great city. I am a passionate supporter of two terms placed on elected officials. Term limits allowed many new people to be elected to the City Council. Without term limits there was almost no turnover. Mayor Bloomberg would not have been able to become mayor if not for term limits." And voters like term limits too--a poll suggests voters will need convincing if Bloomberg runs again next year.
Tagged
mayor bloomberg
Ronald Lauder
term limits
third term
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Federal judge tosses Trump administration lawsuit challenging NYC sanctuary laws
A Brooklyn judge ruled the federal government lacked standing to challenge city policies limiting cooperation with immigration authorities.
By
Phil Corso
Published Oct 15, 2026 at 9:13 p.m. ET
2 men charged in fatal fentanyl poisoning of NYC college student, alleged rape
Federal prosecutors say one man gave two women fentanyl disguised as cocaine in a Manhattan dorm, then raped one of them while she was unconscious. She later died.
By
Giulia Heyward
News
2 men charged in fatal fentanyl poisoning of NYC college student, alleged rape
Federal prosecutors say one man gave two women fentanyl disguised as cocaine in a Manhattan dorm, then raped one of them while she was unconscious. She later died.
By
Giulia Heyward
NYC spending on homelessness has soared. So has the number of people on the street.
By
Karen Yi
MTA’s Lieber reiterates opposition to ‘fast and free’ buses after violent incident
By
Carol Chen
Avila Chevalier insists her beef is with NYPD Commissioner Tisch, not Mamdani
By
Jimmy Vielkind
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .