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Ed Koch, the colorful three-term mayor who led New York City through its financial crisis in the '70s, has died.

George Arzt, a spokesman for the former mayor, tells NPR's Joel Rose that Koch died of congestive heart failure around 2 a.m. ET Friday. The former mayor was 88.

As Joel writes, Koch's "larger-than-life personality was well-suited to the nation's biggest city but could also get him in trouble." The Democratic mayor, says Joel:

"Was famous for asking his constituents this question: 'Hey! How'm I doing?' He insisted this was more than just shtick. He told NPR in 1981 that he really wanted to know. 'Some people have said that's a mark of insecurity. Gee, I have to be patted on the back, how'm I doing,' he said. 'I want you to think about this: Do you know people in public life who are sufficiently secure to ask people to rate them?' "

"[But] Koch's mouth finally cost him his job as mayor. His relationship with African-American voters — never great to begin with — soured for good when he suggested that Jews would be 'crazy' to vote for Jesse Jackson in 1988. The next year, Koch lost the Democratic primary to David Dinkins, who went on to be the city's first African-American mayor. Koch never ran for office again, but he never left the public eye, either.

"He did a stint behind the bench on the People's Court; he hosted a popular talk radio show; and he stayed active in politics, endorsing causes and candidates he favored, with little regard for party affiliation."

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