Supported Local Development Corporations

In support of its mission to encourage economic growth in each of the five boroughs of New York City, since the July 1, 2015 beginning of NYCEDC's fiscal year ending June 30, 2016, NYCEDC has provided funding to the following local development corporations:

Local Development Corporation Date of funding Amount of funding Source of funding Purpose of funding
Greenpoint Manufacturing and Design Center Local Development Corporation 1/29/2016 $14,073.20 Brooklyn Borough President Funds Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center
Greenpoint Manufacturing and Design Center Local Development Corporation 9/25/2015 $58,625.55 Brooklyn Borough President Funds Renovation of a facility transforming a former auto parts warehouse into a multi-tenant manufacturing center

Click here for a list of funding that NYCEDC provided to local development corporations in the prior fiscal years.

 

The following directors, officers and employees of NYCEDC also serve with certain local development corporations, as set forth opposite their names below1:

Name Current NYCEDC Position Local Development Corporation2 Current Position in Local Development Corporation Beginning date of overlap
Jill Braverman Assistant General Counsel BNYC Assistant Secretary 9/17/13
Marlene Cintron Director Bronx Overall Economic Development Corporation President 11/10/10
Fred D'Ascoli Senior Vice President, Assistant Treasurer BNYC Assistant Treasurer 2/10/15
Carolee Fink Executive Vice President Moynihan Development Corp. Director 7/1/15
Alicia Glen Director BNYC Director 2/5/14
Carlos Guerra Assistant Secretary NYCLDC Assistant Secretary 4/30/13
Arthur Hauser Assistant Secretary NYCLDC Assistant Secretary 4/30/13
BNYC Assistant Secretary 9/17/13
Spencer Hobson Executive Vice President & Treasurer BNYC Treasurer 12/13/11
NYCLDC Executive Vice President & Treasurer 5/24/12
Meredith J. Jones Executive Vice President, Secretary & General Counsel BNYC Secretary & General Counsel 12/13/11
James McSpiritt Director BYNC Director 12/13/11
Shin Mitsugi Senior Vice President BNYC Deputy Executive Director, Assistant Secretary & Compliance Officer 12/13/11
Raafat Osman Assistant Treasurer BNYC Assistant Treasurer 2/9/16
Johan Salen Vice President BNYC Executive Director 1/12/16
Mark Silversmith Assistant Secretary & Special Counsel NYCLDC Secretary 5/24/12
Mark Spector Senior Vice President Hudson Yards Development Corporation President 9/23/14
Kim Vaccari Executive Vice President & Chief Financial Officer BNYC Chief Financial Officer 9/20/12
NYCLDC President & Director 8/22/12
Peter Wertheim Alternate Director Lower Manhattan Development Corporation Director 9/30/15
Hudson Yards Development Corporation Alternate Director 9/30/15
Hudson Yards Infrastructure Corporation Alternate Director 9/30/15
New York Convention Center Development Corporation Director 9/30/15

1Click here for information on simultaneous service on or after July 1, 2012 (i) as a director, officer or employee of NYCEDC; and (ii) as a director, officer or employee of a local development corporation, that has ceased.

2The following abbreviations are used in this chart: BNYC (Build NYC Resource Corporation), and NYCLDC (New York City Land Development Corporation).