During his first year as President of NYCEDC, Seth has overseen projects that will eventually lead to the creation of tens of thousands of jobs, thousands of units of new housing, and millions of square feet of commercial, cultural, and community space. Seth is leading some of the City’s most ambitious area-wide projects, including the City’s largest affordable-housing plan in decades at Hunter’s Point South, the revitalization of Coney Island alongside the Department of City Planning, and Willets Point, a 62-acre site in Queens that has long been plagued by environmental hazards and is now poised for multi-use development. Other projects underway include the first phase of a 3.5-million square-foot commercial development in Long Island City; renovation of the High Line, a 1.5-mile elevated railway being converted into a public promenade on Manhattan’s West Side; creation of a 1-million square-foot multi-level shopping center at the Bronx Terminal Market; and development of new retail space at Staten Island’s St. George Ferry Terminal. Seth is also working to retain and grow the City’s financial services sector, while spearheading economic diversification efforts into growth areas like the green sector, fashion, new media, bioscience, and industrial and maritime uses along the Brooklyn and Staten Island waterfronts.
Prior to his appointment, Seth served as an Executive Vice President at NYCEDC, where he co-led the Transaction Services Group. During his tenure at NYCEDC, Seth has administered many of the City’s discretionary incentive programs and structured and negotiated the City’s involvement in large development projects within the five boroughs, including Hudson Yards and the new Yankees and Mets Stadium projects.
An attorney by training, prior to joining NYCEDC, Seth was an associate at the law firm of Cleary Gottlieb, Steen & Hamilton in the Real Estate practice. Before law school, Seth was a financial analyst at the Mergers & Acquisitions boutique, James D. Wolfensohn Incorporated.
Seth is a graduate of Columbia College, where he majored in Ancient History, and Harvard Law School.