
(CNN) – New York City Mayor Michael Bloomberg is set to be sworn in for an unprecedented third term Friday in what aides are calling a toned down affair.
The one-hour ceremony at City Hall Friday aternoon is expected to attract around 4,000 people, according to reports.
Bloomberg, a Democrat-turned-Republican-turned-Independent, successfully campaigned the city council to amend the mayoral term limit law in 2008, allowing him to run for a third term.
His election last November was closer than expected, when he beat an underfunded challenger by 5 points.


Maybe Bloomberg needs to run for independent president for 2012 the other two party's hate each other and cant come together on anything.
Money and politics go hand in hand. NY you deserve this guy!!
Bloomberg has only one agenda, to disarm all New Yorkers. He wants all his other liberal agenda's to be state wide. We hate him in upstate New York and we think the complete exact opposite. If we could only separate NYC from the rest of the state, NY would be a good place to live. He should take his billions and go resettle in Israel, his other obsession. Good bye and don't let the door kick you in the butt.
It's not "unprecedented", NYC's had plenty of three term mayors, Ed Koch for instance. The term limits law didn't come into effect until 1993 when Giuliani was elected.
Honduran President Zelaya suggests amending his country's constitution to extend term limits, then gets taken out of power by coup. Bloomberg succeeds in extending term limits and gets reelected. And the USA is supposed to be a model for Democracy.
We are extremely lucky to have Michael Bloomberg as the mayor of my city.
I hope he wants to keep that office a long time, but he would make a wonderful president too, so NYC's loss would be the country's gain.
Well, I would probably vote for him if he did.
The "Two Term Limit" on the NYC Mayor's office only appeared in the early 1990's, in otherwords this isn't the first time NY has had a 3 term mayor.
Feel free to express your opinions on his policies, but legally he can have his third term, and while obviously he brought the 3rd term back for himself, he could prove to do great things in the next 4 years.
I'm a Democrat, but I would've voted for Giuliani for a third term if he was able to.
"His election last November was closer than expected, when he beat an underfunded challenger by 5 points. "
Bloomberg's challenger was "underfunded" only by comparison to the $65 million bucks of his own money Bloomberg spent to buy the election for himself.
The rule was just put in place. What a ridiculous headline.
Quite simply, the best Mayor NYC has ever had......way to go, Mike!
Bought and paid for!
NY deserves him, he is the best his money can buy. Want to figure it all out, follow the money.....
Get a clue Donkey party, Zelaya did a little more than "suggest" altering the Honduran Constitution. I believe he had already prepared ballots for his next term after being warned by their Congress to cease and desist the activity. He was taken out of power by the military under order issued by their Congress, that does not equate to a coup as the military did not overthrow the established Governmental authority, it is impeachment Latin American style!
Sad day for NYC.
keep up the good work and you can go back to being a DEMOCRAT , the party of YES
As a resident of NYC, this is truly a sad day. To ask the City Council to extend term limits for your own gain is absolutely disgraceful. Not to mention that Mayor Bloomberg literally bought his re-election.
I thought a mayor is supposed to make life in the city he represents better than it was before. Too bad I haven't seen much of that in his first two terms. So please excuse me if I'm not jumping for joy with today's swearing-in ceremony.
Just goes to show you further proof in the fact that with enough money, you can buy anything. As a former brooklyn resident I'm appalled that NYK'ers could be so stupid as to not see what's really going on.
it's got to be better than Rudy that's for sure.
Good luck Mayor Bloomberg. I see you have the usual clueless detractors. You must be doing something right!
He is similar to Barack Hussien Obama, he wants to be in office for life and totally control everyone's lives using the most vicious and devious methods possible.
Couldn't carry Rudy's speech notes...
For eight years after 9/11 the Jihadists didn't have the nerve to attack us. They feared George Bush. However now that Barack Hussien Obama has been able to work his magic the Jidhists have no fear of us. The attacks are escalating and Barack Hussien Obama is playing golf.
What difference does it make. We still have the worst president ever.
People like Chuck make me sad when they say things like this:
"If we could only separate NYC from the rest of the state, NY would be a good place to live. He should take his billions and go resettle in Israel, his other obsession. Good bye and don't let the door kick you in the butt."
All Americans have the right to believe in whatever they want. Just because people don't agree with you doesn't mean they should leave their own country. Your attitude is part of the problem in this country, not the solution.
Your comment re:Israel comes off as possibly anti-semetic too.
It is a bad thing and immoral thing, an unethical thing, for any level of government to change a law to fit one person's wishes. I know, I know, we are seeing this kind a low behavior everyday which points up the sad state or morality and ethics our country is in. Bloomberg was a fine mayor, but a law is a law and was written for a good reason, not to be overturned at the whim of one powerful person. In fact such a law was written to protect society from such a powerful person, wasn't it? What's next for NYC, a lifetime appointment as mayor?