Mary Godleski / AP

Entertainer Jay-Z, left, and Magic Johnson pose for a photo before entering the launch party for the 40/40 Club in Atlantic City, N.J., Tuesday.

updated 12:36 p.m. ET Oct. 26, 2005

NEW YORK - In New York City’s mayoral race, out-of-towner Magic Johnson is playing on Mike’s team.

New York Mayor Michael Bloomberg released a new campaign advertisement Tuesday featuring the former NBA great endorsing Bloomberg’s record.

Johnson lives in the Los Angeles area, but the ad cites his impact on New York through investments in Harlem, where he helped develop the neighborhood’s first Starbucks and first multiplex cinema.

“When I opened Magic Johnson’s theater on 125th Street, a lot of people said it wouldn’t fly, but we proved them wrong,” Johnson says in the ad, according to a transcript provided by Bloomberg’s campaign. “I love New York— and I like what Mike Bloomberg is about. He gets things done for every neighborhood.”

Bloomberg, a Republican seeking a second term in next month’s election, issued a statement also praising Johnson’s work starting a national chain of home loan centers and fighting for HIV/AIDS prevention and health care education.

Slide show The Week in Sports Pictures The nation grieved for those hurt, killed and affected by the Boston Marathon bombings. After one of the suspects was caught on Friday — following a day-long lockdown and manhunt — sports returned to Boston over the weekend. more photos

Subsequently, he’s built a business empire including movie theaters, fitness clubs, restaurants, shopping centers and a bank. In 2002, he was named one of Fortune magazine’s 50 “Most Powerful Black Executives.”

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