Following the outrage incited by the decision to move forward with the New York City Marathon in the wake of Hurricane Sandy, organizers announced the 2012 race has been canceled. A tweet from the mayor's office confirmed:

And here's the statement from Bloomberg's office, via Gothamist:

The Marathon has been an integral part of New York City’s life for 40 years and is an event tens of thousands of New Yorkers participate in and millions more watch. While holding the race would not require diverting resources from the recovery effort, it is clear that it has become the source of controversy and division. The marathon has always brought our city together and inspired us with stories of courage and determination. We would not want a cloud to hang over the race or its participants, and so we have decided to cancel it.

We cannot allow a controversy over an athletic event - even one as meaningful as this - to distract attention away from all the critically important work that is being done to recover from the storm and get our city back on track. The New York Road Runners will have additional information in the days ahead for participants.”

 

Fox News' Charles Gasparino broke the story on Twitter:

 

 
Charles Gasparino
Wall street execs say nyc marathon CANCELLED more on fbn@322

 

Previously:

New Yorkers expressed outrage this week over Mayor Michael Bloomberg's announcement that the ING New York City Marathon will go ahead as scheduled Sunday, even as much of the city remains without power and thedeath toll continues to rise following Hurricane Sandy.

Politicians from hard-hit areas, including state Sen. Liz Krueger and city council members David Greenfield and James Oddo, all called for the race's postponement or cancellation, arguing the city's resources shouldn't be diverted from hurricane relief.

 

This is a developing story...