De Blasio defends choice to retain city’s development commish

TRD New York /
Jan.January 02, 2014 10:29 AM

New York City’s new mayor, Bill de Blasio, says it was “the right move” to keep Bloomberg administration veteran Kyle Kimball in his current job as president of the city’s Economic Development Corporation.

Though de Blasio criticized exiting Mayor Michael Bloomberg’s development policies on the campaign trail, he said Tuesday that Kimball’s approach to the job was in line with the new administration’s progressive agenda.

“I needed someone who understood how to get the work done, who had the values and an ability to put those values into action,” de Blasio told the New York Observer. “[Kimball]’s been doing it with great distinction.”

De Blasio stressed that Kimball would champion large development projects in the outer boroughs – such as the Bronx’s Kingsbridge Armory development – and would help create jobs in the emerging technology sector, the Observer said.

Kimball took over the role in July from Seth Pinsky, who moved on to a senior role at Scott Rechler’s RXR Realty.

“We will look at every tool [we] have to make sure we are introducing the right kind of economic development,” Kimball told the Observer. Kimball is also serving as temporary chairman of the city’s public housing authority, following the resignation of John Rhea this week.

Though the real estate community has expressed concern that de Blasio will be bad for business, his track record as a councilman suggests that he is more pro-development than he may appear at first blush, as The Real Deal reported. [NYO] — Hiten Samtani

Related Articles

When Bill de Blasio announced the end of his campaign, the industry reacted largely with relief but not surprise (Credit: Getty Images and Pixabay)

De Blasio’s campaign is dead, and real estate is happy

Gary Barnett says luxury market is crowded, WeWork IPO woes continue: Daily Digest

The blackout impacted a 42-block stretch of Manhattan between the Hudson River and Fifth Avenue (Credit: Getty Images)

Con Ed still searching for answers in Manhattan blackout

Mayor Bill de Blasio and Rikers Island (Credit: Getty Images)

Real estate development not coming to Rikers Island, mayor says

Mayor Bill de Blasio and Frank Carone (Credit: Getty Images)

City tapped De Blasio donor to take over foreclosed properties

NYC is on the hunt for an Amazon replacement in Queens

Bill de Blasio and The Oval Office (Credit: Getty Images)

“It’s gonna suck for us”: Real estate sounds off on de Blasio’s presidential bid

Mayor Bill de Blasio and Commissioner Steven Banks and 127-03 20th Avenue (Credit: Getty Images and Google Maps)

Critics sue to block College Point homeless shelter