“Late in his first term, Mayor Michael R. Bloomberg suffered a stinging defeat when, after an extensive planning and public relations effort, New York City lost its bid to host the 2012 Summer Olympics. Now, though, a vibrant neighborhood is rising in the area where the Olympic stadium and complex would have stood on the Far West Side of Manhattan. As a result, officials, developers and urban planners are embracing an unlikely notion: the Olympic bid’s defeat may have been one of the best things to happen for the city’s growth in recent memory.”
— On Far West Side, Bloomberg’s Failed Olympic Plan Spurs Development - NYTimes.com
