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five of the 30 people who signed the letter are on the Partnershipte on whether the term limits they approved in 1993 and affirmed in 1996 should be lifted to allow Mayor Michael Bloomberg to seek four more years in office. But one tiny group of citizens is getting heard: the business people who quietly encouraged the mayor to run again and are now loudly calling on the City Council to let him.
And these aren't small businesspeople. In an Open Letter published in daily newspapers last Thursday, 30 signatories representing the highest echelons of investment banking, corporate law, private equity, real estate, credit card, lobbying and other industries called on the Council to 'extend term limits in order to give New Yorkers the opportunity for whomever they think can do the best job during these tough economic times, including our current mayor.'
Their emergence comes amid continuing media coverage of how one well-heeled voter, cosmetics heir Ronald Lauder who funded the 1993 campaign to enact term limits feels about the mayor's proposal. Lauder supports only a one-time extension for the Bloomberg mayoralty, putting him at odds with Bloomberg's own proposal to change the law to extend term limits to 12 years for all offices going forward

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