NYC Mayor Bloomberg to leave office after 12 years

      NEW YORK (AP) - Outgoing New York City Mayor Michael Bloomberg grew emotional while speaking about the future of the city he has led for 12 years.

      Bloomberg, a Republican-turned-independent, is leaving office as head of the nation's largest city at year's end.

      He delivered a valedictory speech Thursday to the Association for a Better New York, a civic group that has largely supported his agenda.

      He touted many accomplishments, from a drop in crime, to the rebuilding of Lower Manhattan after 9/11, to sweeping public health reforms.

      And he choked up when he mentioned his first grandchild, due to be born in a few weeks.

      He urged the audience, made up of influential New Yorkers, to "remember our values." He said that was his heartfelt hope for his "little grandson" and future generations.