With the fate of millions of dollars in tax incentives and millions of square feet of office space in the balance, the city’s real estate industry is bracing for the impact of Mayor Bill de Blasio’s cabinet appointments. But the left-leaning Democrat who won the election last fall by attacking inequality and his predecessor, Michael Bloomberg, has thus far refrained from tapping any nominees hostile to new development.
Mayor-elect Bill de Blasio has made another major hire, appointing Goldman Sachs’s Alicia Glen as his deputy mayor for housing and economic development.
Ms. Glen has spent the past 12 years heading the Urban Investment Group at Goldman Sachs, which has committed tens of millions of dollars to funding projects in low-income neighborhoods across the city. She is also widely credited with helping to negotiate the deal that brought the Citi Bike bike share program to New York.