Mamdani Names Lina Khan, Tony Shorris to Lead $6 Billion NYC Development Arm
Updated
Updated · The Guardian · Jul 22
Mamdani Names Lina Khan, Tony Shorris to Lead $6 Billion NYC Development Arm
3 articles · Updated · The Guardian · Jul 22
Summary
Zohran Mamdani installed Lina Khan as chair of New York City’s Economic Development Board and Tony Shorris as head of the Economic Development Corporation, completing a leadership overhaul at a powerful city agency.
The reshuffle puts close adviser Khan — the former FTC chair — atop the board while bringing Shorris back from McKinsey to run the nonprofit agency after he said Mamdani’s 2025 vision for the city drew him into public service again.
The EDC’s reach is vast: it manages more than 60 million square feet of property as the city’s largest landlord and oversees about 100 active capital projects worth roughly $6 billion.
Those appointments also signal Mamdani’s effort to redirect an agency long criticized as too aligned with business interests, after he created a deputy mayor for economic justice instead of a traditional economic development post.
The board Khan will lead approves major city projects and deals, including Hudson Yards, the High Line, Cornell Tech on Roosevelt Island and the city ferry system.