The former NYC mayor talks about the $500 million Perelman Performing Arts Center, opening later this month – the final major piece of redevelopment at the World Trade Center site.
In the shadow of where the Twin Towers once stood in New York City, glowing above the memorial pools honoring the nearly three thousand people killed on September 11, 2001, stands a shining new monument to the living. The $500 million Perelman Performing Arts Center opens its doors later this month. The PAC, as it's known, is the final major piece of the redevelopment of the World Trade Center site.
When he was first elected mayor of New York, Ground Zero was still burning. The emotionally-fraught task of rebuilding it became a decades-long project that didn't end when he left office in 2013. Today, Bloomberg is the chairman of both the 9/11 Memorial and The PAC, and has donated $130 million to the new arts center alone.
Michael Bloomberg with correspondent Mo Rocca at the Perelman Performing Arts Center at the World Trade Center in New York City. Bloomberg's success here has made him something of an authority on metropolises worldwide. His foundation has worked with cities from Atlanta to Lima to Milan. "Yeah. But realistically, what percentage of office workers are going to come back? They're going to be office towers that are still empty."
Now 81, Bloomberg is worth an estimated $96 billion. He has pledged to give away the majority of his wealth, including his stake in the company he founded.
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