Saturday, March 03, 2007

New York's Mayoralty: The Province of Billionaires



(image via jonkeegan)

Michael Bloomberg is a pioneering Mayor in many ways. He owes his evolution to no political machine, rather, he is a self-made billionaire. And, it seems, that formula works. Perhaps the day of the Mayor arising from the urban political machine is over, and now moguls who have a curriculum vitae of actual achievements in the private sector is the way of the future. To be sure there have certainly been some fairly high profile flirtations between billionaires and Gracie Mansion in Gotham. First, Time Warner's suave Dick Parsons has been mulling a run for City Hall after Bloomberg -- a possible Presidential candidate -- presumably, if only with his massive contributions, plays a major role in whomever actually takes the White House. Now -- blast from the past -- Jonathan Tisch; from those intrepid Page Sixxies:

"JONATHAN Tisch could be testing the waters for a potential run for City Hall with his new book. In 'Chocolates on the Pillow Aren't Enough,' published by Wiley, the chairman and CEO of Loews Hotels discusses how to keep the customer satisfied and offers techniques to do that - not unlike the strategies used by Mayor Bloomberg and politicians to draw voters. He calls the city's government 'overwhelmingly complex. No wonder many say that being mayor of New York is the second toughest job in the United States,' then goes on to praise Bloomberg's launch of the 311 service, which, Tisch says, has helped improve the delivery of city services. 'There comes a time in the life of almost every organization . . . when it must expand its products or services," he writes. Tisch's spokesman, Jeffrey Stewart, told us the hotel czar plans to concentrate on running Loews for now, but hasn't ruled out seeking the mayoralty in the future. 'He's being encouraged to run,' Stewart said. 'The types of management strategies he discusses in the book apply to government, as well, today.'"

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