As per Gerard Houllier on KickTV Live Mike Petke has been given a 3 year contract for New York: Congrats Mike!!
Awesome, and coming straight from Houllier nonetheless! I think its safe to say that any fears of him gunning for a European replacement are settled for now.
Official. No specifics, but it looks to be at least for this season and next. http://www.bigapplesoccer.com/teams/redbulls2.php?article_id=36448