1948 Summer Olympics 1908, forty years earlier. The Olympics would again return to London 64 years later in 2012, making London the first city to have hosted the games three times, and the only such city until Paris and Los Angeles host their third games in 2024 and 2028, respectively. The 1948 Olympic Games were the first of two summer Olympic Games held under the IOC presidency of Sigfrid Edström. The event came to be known as the Austerity Games, because of the difficult economic climate and rationing imposed in the aftermath of World War II. No new venues were built for the
New York City bid for the 2012 Summer Olympics a new revenue sharing agreement with the IOC in May 2012, New York had been mentioned as a potential candidate for the 2024 Summer Olympics, but Mayor Bill de Blasio decided not to bid in May 2014. Los Angeles became the US candidate following the withdrawal of Boston's bid. Los Angeles later secured the right to host the 2028 Summer Olympics while Paris (which competed with New York in the 2012 race) secured the 2024 Summer Olympics. After the Olympic bid failed, the construction of Citi Field in Queens, now designated as the new home of the New York Mets,