EDC chief Seth Pinsky leaving for RXR

New York /
Jul.July 16, 2013 11:30 AM

Seth Pinsky, the head of the New York City Economic Development Corporation, is heading to Scott Rechler’s RXR Realty, Crain’s reported.

Under Pinsky, the EDC was involved in several major development projects in New York City, including the controversial redevelopment of Willets Point and the $2 billion deal to create a Cornell NYC Tech campus on Roosevelt Island. More recently, he spearheaded Mayor Michael Bloomberg’s $19.5 billion SeaPort City plan. Pinsky, who joined the EDC in 2003 as a vice president, was chosen five years later by the mayor to head the agency.

Kyle Kimball, the chief financial officer of EDC has been nominated to take over Pinsky’s role, according to a memo sent to agency staff cited by Crain’s. Pinsky will stay on through the summer before transitioning into real estate, joining RXR as executive vice president. [Crain’s]Mark Maurer


Related Articles

arrow_forward_ios
From left: RFR Holdings' Aby Rosen and Blue Owl Capital's Doug Ostrover along with 3 World Trade Center (left), the Seagram building (middle) and 340 Madison Avenue (right) (Getty Images, Blue Owl Capital, Beyond My Ken, CC BY-SA 4.0 - via Wikimedia Commons)
Trio of office leases boost hopes at Class A buildings
Trio of office leases boost hopes at Class A buildings
RXR's Scott Rechler and SL Green's Marc Holliday with 5 Times Square (Getty Images, SL Green, 5 Times Square)
RXR lands $1.3B financing for 5 Times Square; SL Green in as partner
RXR lands $1.3B financing for 5 Times Square; SL Green in as partner
360 Huguenot, RXR's Scott Rechler and Hudson Meridian’s William Cote (RXR, Getty, Hudson Meridian)
RXR sues construction manager, alleging shoddy work in New Rochelle
RXR sues construction manager, alleging shoddy work in New Rochelle
RXR Realty’s Scott Rechler and 75 Rockefeller Plaza (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, dconvertini/CC BY-SA 2.0/via Wikimedia Commons)
RXR lands $260 million refi for 75 Rockefeller Plaza
RXR lands $260 million refi for 75 Rockefeller Plaza
RXR CEO Scott Rechler and 620 Sixth Avenue (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images, Beyond My Ken, CC BY-SA 4.0 - via Wikimedia Commons)
RXR sues insurers over infectious disease coverage
RXR sues insurers over infectious disease coverage
1330 Sixth Avenue, Empire Capital Holdings' Josh Rahmani and RXR's Scott Rechler (Google Maps, Empire Capital Holdings, Getty)
RXR, Blackstone selling 1330 Sixth Avenue for $325M
RXR, Blackstone selling 1330 Sixth Avenue for $325M
RXR’s Scott Rechler and 1330 Sixth Avenue (Getty, RXR)
RXR, Blackstone move to sell 1330 Sixth Avenue
RXR, Blackstone move to sell 1330 Sixth Avenue
From left: Scott Rechler and 5 Times Square; Marc Holliday, Steven Roth and 280 Park Avenue (Getty Images, Eden, Janine and Jim from New York City - via Wikimedia Commons)
Swell of maturing debt pressures office owners
Swell of maturing debt pressures office owners
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...