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. Read More
Amid a flurry of last-minute appointments before he’s sworn in at 12:01 tomorrow morning, Mayor-elect Bill de Blasio made at least one eyebrow-raising choice: Kyle Kimball, the current president of the city’s Economic Development Corporation and a veteran of Bloomberg-era governance, will keep his job.
The waning months of Mayor Bloomberg’s reign are expected to be marked by a series of high-powered departures, as one official after another jumps ship before the mayor leaves office. The latest is Bloomberg stalwart and Dan Doctoroff protégée Seth Pinsky, who is stepping down from the Economic Development Corporation to take a private sector gig with RXR Realty, as the agency announced today. Kyle Kimball, who is currently the agency’s executive director, will succeed him. Read More