Ronald S. Lauder, the billionaire cosmetics heir, and Richard D. Parsons, the former chairman of Citigroup, have for decades had their hands in New York City affairs. Mr. Lauder ran a failed bid for mayor and successfully led a campaign for term limits for local elected officials. Mr. Parsons has been a prominent adviser to two mayors.
Now, they are teaming up to try to influence one of the city’s most intractable and divisive debates: how to address the lack of black and Hispanic students at Stuyvesant High School, Bronx High School of Science and the other elite public high schools that use a test to determine admission.
The billionaire Clinique chairman — a 1961 graduate of the Bronx High School of Science— is prepared to spend at least “seven figures” of his personal fortune on TV commercials and other efforts to block de Blasio’s controversial proposal, sources said.