Monday, March 17, 2008

ESDC Downstate Chairman Pat Foye resigns

OK, on Friday, Empire State Development Corporation (ESDC) Chairman Pat Foye, an appointee (and friend) of soon-to-depart Governor Eliot Spitzer, was staying in his job, according to the New York Observer. Now, according to the Daily News, Foye is resigning.

What does that mean to Atlantic Yards, shepherded by the ESDC? Were new Governor David Paterson undecided about AY, the transition to a new chairperson, who'd have to get up to speed on pending projects, might be thought to slow things down.

But Paterson told the Daily News he'll continue support for Atlantic Yards. That suggests that work from the ESDC--contractual wrangling, legal strategy, site supervision-- can continue without a chairman and, given delays in the project and emerging doubts from Crain's New York Business, leadership from the top may not be crucial at this point.

1 comment:

  1. Foye resigns and Crain’s estimates the chances of Atlantic Yards being built at only 50%.- How absolutely clear it is in retrospect that Ratner was acting with cynical and hostile regard for the community when he prematurely commenced his destruction the Ward Bakery Building,- Just as we said at the time. Even now destruction should be halted.- Or one day the building should be rebuilt.

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