Mamdani Names Lina Khan to Lead NYC Economic Development Corporation
The former Federal Trade Commission chief will steer the city’s development board as Mamdani seeks to align growth with affordability.
- On Wednesday, New York City Mayor Zohran Mamdani appointed Lina Khan as chair of the Economic Development Corporation's board, with McKinsey partner Anthony Shorris joining as president and CEO.
- The delayed appointment follows more than six months into Mamdani's tenure, after civic leaders questioned why the EDC leadership position remained vacant during tension at City Hall.
- Khan, who gained prominence arguing Amazon was a monopoly at Yale Law School and later pursued Big Tech antitrust cases as Federal Trade Commission chair, said the EDC 'has a vital role to play in ensuring that New York's economy is growing in ways that make our city more affordable, efficient and resilient.'
- During a press conference, Mamdani called the pair a 'dream team' and stated 'economic development and economic justice must go hand in hand,' with the Shorris-led EDC planning to build affordable housing and support small businesses across all boroughs.
- Gothamist characterized the appointments as 'a shakeup for the agency, which has been criticized over the years for being too cozy with business interests,' signaling a leftward shift in city government, though business leaders voice concerns about corporate exodus.
33 Articles
33 Articles
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Lina Khan gets a new NYC gig
Mayor Zohran Mamdani’s uneasy truce with New York’s business elite was tested again Wednesday when he appointed antitrust crusader Lina Khan to a formal post in his administration. Khan will chair the city’s economic development board, which oversees the leasing and use of huge chunks of city property, including Hudson Yards.Semafor first reported, back in November, that Mamdani had tapped Khan as an informal adviser to wield the city’s consumer…
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