City & State NY's 2019 Brooklyn Power 100: Jeffries at the top, Adams #5; Cumbo under-ranked; Gilmartin (ex-Forest City) but, oddly, not Greenland's Hu
City & State New York's listing of The 2019 Brooklyn Power 100 is, of course arbitrary, but it's also intriguing. And it includes some Atlantic Yards-related references.
The ranking is... interesting, starting with:
Council Member Brad Lander comes in at #13, which is not unreasonable, given that he might become Comptroller, while his colleague Stephen Levin is #14, which--while he does have clout regarding the new jail plan--seems a little more questionable, given that his future intentions are unknown.
I'm not sure they're much more powerful than Council Majority Leader Laurie Cumbo, at #29; she's also a potential candidate for Brooklyn Borough President.
Note: at #23 is Frank Carone, Counsel to Brooklyn Democratic Party and Brooklyn Bar Association president, cited in my Woodland coverage.
The real-estate world
A good number of real-estate players make the list, including Two Trees Management's Jed Walentas at #22, Downtown Brooklyn Partnership President Regina Myer at #27, President and CEO of Brooklyn Navy Yard Development Corp. David Ehrenberg at #33, Industry City CEO Andrew Kimball at #34, NYC Building Congress CEO Carlo Scissura at #41, President of Steiner Equities Group Doug Steiner at #44, The Hudson Companies President David Kramer at #53, Broadway Stages principals Gina and Tony Argento at #54, and Dunn Development Corp. President Martin Dunn at #64.
Also, Totem Co-Founder Tucker Reed at #70 (with a mention of his partnership with Rabsky, for a building with "a few public and extensive private benefits," as I suggested in a Brooklyn Daily Eagle op-ed), Toby Moskovits & Michael Lichtenstein, heads of Heritage Equity Partners, at #72, and Eliot Spitzer of Spitzer Enterprises, at #100.
The Atlantic Yards connections (and an absence)
At #40 are:
At #59 is:
It was interesting to no mention of Greenland USA's Hu Gang, who is the single most important real estate executive involved in Atlantic Yards/Pacific Park.
After all, this past April, City & State NY's inaugural Real Estate Power 50 list ranked Hu at #27 and Gilmartin at #43.
I thought that ranking should have been reversed in a citywide list, especially since Greenland has begun to offload Atlantic Yards sites, but would rank Hu above Gilmartin on a current Brooklyn-focused list, even though Hu is not an active public player.
Note: Bertha Lewis, Founder and President of the Black Institute, and one-time major Atlantic Yards supporter (and Community Benefits Agreement signatory) is at #71.
The ranking is... interesting, starting with:
- Rep. Hakeem Jeffries
- Sen. Charles Schumer
- State AG Letitia James
- Rep. Nydia Velazquez
- Brooklyn Borough President Eric Adams
No Brooklyn borough president has ever become mayor, and the last borough president in New York City to ascend to Gracie Mansion was Manhattan’s David Dinkins. But Eric Adams hopes he could become the first. With Letitia James preoccupied enforcing state law, the former state senator and ex-police officer may have an opening in what will no doubt be a crowded field in 2021. He has outraised his opponents recently, hauling in more than $500,000 over the first six months of the year, although his rival City Comptroller Scott Stringer has more than $2.5 million in his war chest. Adams has been noticeably inserting himself into citywide issues, particularly on public safety and criminal justice. He has rejected the de Blasio administration’s plan for a new Brooklyn jail, sought to preserve manufacturing zones and called on cops to maintain their professionalism if Daniel Pantaleo gets fired. Expect to see more of Adams this fall as he tries to fill the leadership vacuum that the mayor left while gallivanting on a presidential bid.There could be a lot more said about his political positions and base of support.
Council Member Brad Lander comes in at #13, which is not unreasonable, given that he might become Comptroller, while his colleague Stephen Levin is #14, which--while he does have clout regarding the new jail plan--seems a little more questionable, given that his future intentions are unknown.
I'm not sure they're much more powerful than Council Majority Leader Laurie Cumbo, at #29; she's also a potential candidate for Brooklyn Borough President.
Note: at #23 is Frank Carone, Counsel to Brooklyn Democratic Party and Brooklyn Bar Association president, cited in my Woodland coverage.
The real-estate world
A good number of real-estate players make the list, including Two Trees Management's Jed Walentas at #22, Downtown Brooklyn Partnership President Regina Myer at #27, President and CEO of Brooklyn Navy Yard Development Corp. David Ehrenberg at #33, Industry City CEO Andrew Kimball at #34, NYC Building Congress CEO Carlo Scissura at #41, President of Steiner Equities Group Doug Steiner at #44, The Hudson Companies President David Kramer at #53, Broadway Stages principals Gina and Tony Argento at #54, and Dunn Development Corp. President Martin Dunn at #64.
Also, Totem Co-Founder Tucker Reed at #70 (with a mention of his partnership with Rabsky, for a building with "a few public and extensive private benefits," as I suggested in a Brooklyn Daily Eagle op-ed), Toby Moskovits & Michael Lichtenstein, heads of Heritage Equity Partners, at #72, and Eliot Spitzer of Spitzer Enterprises, at #100.
The Atlantic Yards connections (and an absence)
At #40 are:
Maureen Hanlon & Brett YormarkThis was obviously written before Yormark announced his departure, but published after that.
President, Onexim Sports and Entertainment Holding USA Inc.
CEO, BSE Global
The Brooklyn Nets management team must have been thrilled with the development of their young players, which led to a surprise playoff appearance this past season. But the addition of superstar free agents Kyrie Irving and Kevin Durant this summer shifts the center of the basketball universe to the Barclays Center. Thanks to Maureen Hanlon and the outgoing Brett Yormark, the Nets could boost their revenues by $40 million next year.
At #59 is:
MaryAnne GilmartinThat seems like a legacy choice, since Gilmartin's company, at least given the two new projects, has focused outside of Brooklyn.
Co-founder and CEO
L&L MAG
The former Forest City New York CEO who played a key role in the game-changing Atlantic Yards and Pacific Park projects struck out on her own last year with her new real estate development firm. In December, she signed a lease to develop a 22-story residential tower in Chelsea, Manhattan, followed by a mixed-use property on the Queens waterfront in Long Island City. Her mantra? “You are what you build,” she told Madame Architect.
It was interesting to no mention of Greenland USA's Hu Gang, who is the single most important real estate executive involved in Atlantic Yards/Pacific Park.
After all, this past April, City & State NY's inaugural Real Estate Power 50 list ranked Hu at #27 and Gilmartin at #43.
I thought that ranking should have been reversed in a citywide list, especially since Greenland has begun to offload Atlantic Yards sites, but would rank Hu above Gilmartin on a current Brooklyn-focused list, even though Hu is not an active public player.
Note: Bertha Lewis, Founder and President of the Black Institute, and one-time major Atlantic Yards supporter (and Community Benefits Agreement signatory) is at #71.
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