NEW YORK (Reuters) - Republican New York Mayor Michael Bloomberg was re-elected to a second term by a large margin on Tuesday after what is believed to be the most costly race in the city's history.
With some 95 percent of the votes counted, Bloomberg had 58 percent and Democratic challenger Fernando Ferrer trailed with 39 percent, according to unofficial election results.
Polls have shown New Yorkers giving Bloomberg, a political novice when he first ran four years ago, high marks for leading the city in the wake of the Sept. 11, 2001 attacks, steering the economy and keeping New York alert to security threats.
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