Mayor Michael R. Bloomberg paid $45 million for a crisp, elegant town house at Madison Avenue and 78th Street to be the headquarters for the newly created Bloomberg Family Foundation. Mr. Bloomberg has purchased a second building for $41 million adjacent to the $45 million building on the Upper East Side to house the new foundation. His office says the buildings will undergo renovations and be connected internally.So when Mayor Bloomberg prepares to leave office in 2009 he will have a place to go. Unless, of course, he finds some other job in the meantime.
Michael H. Drucker
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