Republican Joe Lhota concedes to Democrat Bill de Blasio in NYC mayoral race

photo Democratic mayoral candidate Bill de Blasio, center, accompanied by Ken Thompson, fifth from right, candidate for Brooklyn district attorney, meet potential voters on Tuesday, Nov. 5, 2013, in the Crown Heights section of New York's borough of Brooklyn.

NEW YORK - Republican Joe Lhota has conceded the New York City mayoral race to Democrat Bill de Blasio.

Lhota made his speech Tuesday night to supporters at the Gansevoort Park Hotel in Manhattan. He said he wouldn't spend a moment regretting what might have been.

He said the race was a good fight, a fight worth having.

Lhota was the former chief of the metropolitan area's transit agency and a deputy mayor under Rudolph Giuliani.

Bill de Blasio was elected New York City's first Democratic mayor in two decades Tuesday. He ran on an unabashedly liberal, tax-the-rich platform that contrasted sharply with billionaire Michael Bloomberg's record during 12 years in office.

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