OLYMPIC EFFORT COST $50M: MIKE
By DAVID SEIFMAN

 

July 9, 2005 -- The cost of New York's failed bid for the 2012 Olympics was $50 million, Mayor Bloomberg said yesterday — emphasizing that every penny was raised privately.

But that's still 40 percent more than the $35 million figure used by Deputy Mayor Daniel Doctoroff in Singapore last week.

Jordan Barowitz, a spokesman for the mayor, said both numbers are correct.

"The international phase was $35 million; $15 million is the U.S. phase. So when Dan said $35 million, he was just talking about since New York was chosen [as the U.S. entry]. The mayor grouped the whole thing together," he said.

NYC2012, the nonprofit formed to woo the Games, raised the $50 million from scores of businesses and individuals here.