New York Rejects A 2024 Olympic Bid

New York’s Mayor Bill de Blasio is rejecting a bid from New York for the 2024 Summer Olympic Games.

Alicia Glen, deputy Mayor for Housing and Economic development, told the Wall Street Journal that the Mayor made the decision after weighing the pros and cons of hosting the event.

Mr. de Blasio said he would consider the possibility of an Olympic bid earlier this month when Dan Doctoroff, founder of the city’s unsuccessful bid for the 2012 Games, broached the possibility of a bid with Gov. Andrew Cuomo’s administration, but at the time the Mayor warned that the bar would be high.

Glen said the Mayor, along with other top officials at City Hall and several agency heads recently reviewed the possibility of a bid and rejected it because it “doesn’t make sense”.

She said top officials also feared an Olympic bid would distract from the Mayor’s economic-development agenda.