May 26, 2023
Law360
New York City Mayor Eric Adams' housing czar Jessica Katz sent shock waves through the real estate world with the surprise announcement of her resignation. Unlike housing czars of previous administrations, she did not have the title of deputy mayor, a post that typically has a direct line of communication to the mayor.
Should the role be given deputy mayor status?
According to Real Estate Partner Ross Moskowitz, a deputy mayor can serve as an important advocate both internally in the mayor's administration and externally with stakeholders. He tells Law360,"[t]his position historically has had a deputy mayor role, and I would encourage, for internal and external reasons, it be given deputy mayor oversight. Historically, the deputy mayor for economic development has also had housing as part of their portfolio."
Ross said the appointee must be experienced — even if not an expert — in real estate development, community engagement and economic development.
Read the full article here. (Subscription Required).
May 26, 2023
Law360
New York City Mayor Eric Adams' housing czar Jessica Katz sent shock waves through the real estate world with the surprise announcement of her resignation. Unlike housing czars of previous administrations, she did not have the title of deputy mayor, a post that typically has a direct line of communication to the mayor.
Should the role be given deputy mayor status?
According to Real Estate Partner Ross Moskowitz, a deputy mayor can serve as an important advocate both internally in the mayor's administration and externally with stakeholders. He tells Law360,"[t]his position historically has had a deputy mayor role, and I would encourage, for internal and external reasons, it be given deputy mayor oversight. Historically, the deputy mayor for economic development has also had housing as part of their portfolio."
Ross said the appointee must be experienced — even if not an expert — in real estate development, community engagement and economic development.
Read the full article here. (Subscription Required).
