Mamdani assembles an economic ‘dream team’ to redirect NYC’s powerful development arm toward affordability

Mayor Zohran Mamdani appointed Anthony Shorris as president and CEO of the New York City Economic Development Corporation (NYCEDC) and Lina Khan as its board chair to prioritize affordability initiatives, including city-run grocery stores. The leadership change aims to redirect the EDC’s focus from traditional development projects toward addressing housing and economic equity.