From the Wall Street Journal:
When Mayor Michael Bloomberg leaves office next year, the city's financial and real-estate leaders stand to lose an important advocate, and they worry they won't find a City Hall candidate whose world view matches the outgoing mayor's.
In Mr. Bloomberg, a billionaire in his third and final term, the city's business community could count on reliably pro-development policies that produced projects such as a new Brooklyn arena. The mayor has opposed City Council legislation seen as anti-business, such as a so-called living wage bill. And he has struck a tone as a defender of Wall Street culture, speaking up for Goldman Sachs, for instance, when it came under fire for an ethic of greed.
"There is no question people are concerned they are losing Mike Bloomberg. They understand who he is. They have tremendous respect for him," said Steve Spinola, president of the Real Estate Board of New York. "We are going to have somebody new on Jan. 1, 2014, and, so, that troubles them."
As the 2013 mayoral race begins to take shape, some in the city are looking for "Bloomberg 2.0," said state Republican Party Chairman Edward Cox. But no candidate has emerged who possesses the mayor's mixture of money, respect and political skill.