Mayor Bloomberg, The Latin Academy of Recording Arts & Sciences, Inc. President Gabriel Abaroa, Willie Colón, Univision news anchor Barbara Bermudo and NYC Big Events President Maureen J. Reidy announce that the 7th Annual Latin GRAMMY® Awards will be broadcast live on Thursday, November 2, 2006, from Madison Square Garden, marking the first time New York will host the international showcase of Latin music. The City’s Economic Development Corporation projects that the Latin GRAMMY Awards will have an estimated economic impact in excess of $30 million. April 11, 2006

(Photo Credit: Edward Reed)