The 1970s New York Mayor was Abraham BEAME, commonly known as Abe BEAME. He was the first Jewish mayor of New York City and served from 1974 to 1977. Prior to his election, he had served as the city's comptroller for eight years. During his tenure, he faced a fiscal crisis that threatened the city's financial stability. He was able to negotiate with the federal government to secure loans and grants that helped the city avoid bankruptcy. He also implemented a number of cost-cutting measures, such as reducing the city's workforce and freezing wages. His legacy is remembered for his efforts to save the city from financial ruin.