HEAT ALERT

Extreme heat blankets the region with heat advisory, air quality alert issued for the Hudson Valley

Mayor optimistic about hard journey ahead for NYC

Mayor Michael Bloomberg said in his State of the City address Thursday that the city can expect a tough year ahead due to a tightening economy. Bloomberg maintained he is optimistic about the future,

News 12 Staff

Jan 18, 2008, 2:06 AM

Updated 5,997 days ago

Share:

Mayor Michael Bloomberg said in his State of the City address Thursday that the city can expect a tough year ahead due to a tightening economy.
Bloomberg maintained he is optimistic about the future, though. His speech proposed a number of city changes.
Among Bloomberg's announcements was an extension to a 7 percent property tax cut. Bloomberg expects the cut to be proposed next week.
The mayor also addressed affordable housing in the borough during the speech. The address outlined rezoning in the south Bronx, as well as Bloomberg's plan to continue investing $3 billion into new infrastructure. "Affordable housing is the foundation of strong communities," said Bloomberg.
Analysts believe Bloomberg is testing the waters for a possible presidential run. Bloomberg insists he is not interested in joining the race, but it is believed he could use his bipartisan appeal and fortune to become a viable third party candidate.
AP Wires contributed to this article.
For Bloomberg?s full State of the City address, go to channel 612 on your iO digital cable box and select iO Extra.


More from News 12
2:55
HEAT ALERT: Heat advisory and air quality alert in effect as temperature to feel around 100

HEAT ALERT: Heat advisory and air quality alert in effect as temperature to feel around 100

9:43:53
12 tips to help keep your pets cool during the dog days of summer

12 tips to help keep your pets cool during the dog days of summer

1:29
Police: 1 of 2 students involved in Bedford car crash dies from injuries

Police: 1 of 2 students involved in Bedford car crash dies from injuries

1:49
Yonkers police find no validity in alleged bomb threat

Yonkers police find no validity in alleged bomb threat

1:33
59-year-old Marlboro woman stabbed outside of watermelon truck in Newburgh

59-year-old Marlboro woman stabbed outside of watermelon truck in Newburgh

1:52
Asbestos discovery in East Ramapo schools prompts parents, NYCLU to rally

Asbestos discovery in East Ramapo schools prompts parents, NYCLU to rally

0:45
Veteran Westchester firefighter dies after two-year battle with 9/11-related cancer

Veteran Westchester firefighter dies after two-year battle with 9/11-related cancer

1:38
Poughkeepsie sustainable farmers race against heat to protect themselves, crops

Poughkeepsie sustainable farmers race against heat to protect themselves, crops

1:35
Carmel schools dismissing early for the week because of extreme heat

Carmel schools dismissing early for the week because of extreme heat

1:28
Emergency room doctor discusses how to prevent health issues related to high temps

Emergency room doctor discusses how to prevent health issues related to high temps

2:07
Hudson Valley braces for heat advisory, cooling centers open

Hudson Valley braces for heat advisory, cooling centers open

0:42
Danskammer Energy drops plan for new methane gas plant in Newburgh

Danskammer Energy drops plan for new methane gas plant in Newburgh

0:20
Parents, advocates rally to save East Ramapo schools after asbestos discovery

Parents, advocates rally to save East Ramapo schools after asbestos discovery

1:41
Police: Justin Timberlake charged with DWI in Sag Harbor

Police: Justin Timberlake charged with DWI in Sag Harbor

0:18
Fire engulfs car on Old Nyack Turnpike in Ramapo

Fire engulfs car on Old Nyack Turnpike in Ramapo

0:42
Headlines: Cold case guilty plea, Poughkeepsie crash injures 3

Headlines: Cold case guilty plea, Poughkeepsie crash injures 3

0:46
Dutchess County autism center receives $3 million in state funding

Dutchess County autism center receives $3 million in state funding

0:25
Mario Cuomo Bridge to shine blue and white for students who named falcon chicks

Mario Cuomo Bridge to shine blue and white for students who named falcon chicks

2:39
Made in the Hudson Valley: Loola Doola Boutique brings one-of-a-kind, handmade clutches to Westchester County

Made in the Hudson Valley: Loola Doola Boutique brings one-of-a-kind, handmade clutches to Westchester County

14:52:13
13 cool tips to help you stay healthy during the summer heat

13 cool tips to help you stay healthy during the summer heat