Skip to main content

Featured Post

Atlantic Yards/Pacific Park infographics: what's built/what's coming/what's missing, who's responsible, + project FAQ/timeline (pinned post)

ESD finally names new Executive VP of Real Estate, Arden Sokolow, who's actively hiring. Not much bandwidth for Atlantic Yards?

One reason for the sluggishness of Empire State Development (ESD) in attending to basic elements of the Atlantic Yards/Pacific Park project--like scheduling bi-monthly Quality of Life meetings or purportedly quarterly meetings of the Atlantic Yards Community Development Corporation (AY CDC) or even delivering meeting notes--may simply be bandwidth: they're understaffed.

(That said, the person overseeing Atlantic Yards remains Senior Director Tobi Jaiyesimi, who according to her LinkedIn is "Executive lead and Project Director for an interdisciplinary team of professionals managing the World Trade Center Site 5 Project in Lower Manhattan, the Atlantic Yards Project in central Brooklyn and the Queens West Development Project in Long Island City, Queens.")

Since March 2022, as I reported, ESD's Executive VP of Real Estate Holly Leicht had departed.

Last month, ESD appointed Arden Sokolow as Executive VP, Real Estate Development and Planning and, according to her LinkedIn, ESD is hiring for several jobs in her department, including a Senior Vice President for Real Estate Development and an entry level position. 

"And more postings coming soon as we grow this amazing team to tackle the best projects in NYS," Sokolow wrote.

Sokolow's background

ESD has not issued a press release, but Multi-Housing News 3/10/20 published a press release regarding her then-new job as Executive Vice President of Affordable Housing for Douglaston Development. 

As of then, she had a wide range of experience: chief of staff for the New York City Housing Authority; director of multifamily in the Northeast at the federal Deparment of Housing and Urban Development; managing director for housing programs at the Governor’s Office of Storm Recovery; Senior Policy Advisor for the NYC Mayor's Special Initiative for Rebuilding and Resilience; and positions at the NYC Department of Housing Preservation & Development, including Executive Director of Distressed Assets and Director of Inclusionary Housing.

The latter two positions, perhaps, might prepare her for Atlantic Yards/Pacific Park: a distressed asset (of sorts), with a requirement to deliver affordable housing.

Sokolow has a B.A. in urban studies from Columbia University and a Master’s degree in urban planning from Hunter College, according to Multi-Housing News.

Comments