Majority Whip Hanks questions OMB on EDC president search status
Hanks raises that six months into the administration, EDC still lacks a president. Solomon says the search is ongoing and a priority, but notes EDC continues working on SPARC Kips Bay, Kingsbridge Armory, World Cup, and free grocery store projects.
One more question, Chair.
The New York City's Economic Development Corporation, New York's EDC, is the agency who, you know, their mission is to encourage economic growth in each of the five boroughs.
We are now six months into the new administration, yet we don't have an economic development corporation.
They lack a president.
What is the status of the administration's search for a new president of EDC?
And could you speak on why it's taking so long?
The search is ongoing.
It is a priority.
At the same time, we know that the agency continues to work on a number of projects.
that have been in the pipeline.
So whether it's SPARC, SPARC project in Kips Bay, we know the Kingsbridge Armory is another project that continues.
Obviously the work that they're doing to prepare on the World Cup and on the
on free grocery stores as well.
So all the work continues in that agency.
Thank you, Chair.
Thank you.
Okay, Councilmember Areola on Zoom, followed by Councilmember Shulman.