According to this article, New York city Mayor Mike Bloomberg and former Independence Party founder Tom Golisano are teaming up to “revitalize” the New York State Independence Party. Not everything in the article seems completely accurate, but the gist of it seems to be that both men desire to wrest control of the New York City Independence Party away from Lenora Fulani and her political allies.
Also, see this article from the Daily News that says it is not obvious that Bloomberg will get the Republican nomination for re-election in 2009; nor can he count on the Democratic nomination. He is a registered independent.