Andrew Kimball will lead the Economic Development Corporation
Following the withdrawal of lead candidate Carlo Scissura, Industry City CEO Andrew Kimball is set to be named the Economic Development Corporation’s next leader, according to multiple reports.
Kimball, who has been CEO of the Brooklyn waterfront resort since 2013, is the likely choice for the role, sources told Politico. Kimball and a spokesperson for Mayor Eric Adams both declined to comment on the potential nomination, according to the publication.
Carlo Scissura, president and chief executive of the New York Building Congress, appeared to be the leading contender for the job, but pulled out of the race last week to keep his current post.
The Real Deal first reported in early January that Adams was to appoint Scissura to lead EDC, but Scissura has come under scrutiny after a report in The City alleged he had been paid to lobby officials on behalf of a Brooklyn landlord. without registering properly to do so.
As CEO of Industry City, the 35-acre campus in Sunset Park, Brooklyn, Kimball oversaw a controversial rezoning effort beginning in 2017 — a proposal that was withdrawn three years later amid political opposition growing.
Industry City officials have estimated that the rezoning, which would allow for increased use of retail, office space and universities, would result in an investment of $1 billion and nearly double the number of jobs there, but the refusal of elected officials, including local city council member Carlos Menchaca, ultimately doomed his chances.
“It is clear that the current political environment and lack of leadership is impeding the way forward for our rezoning proposal,” Kimball said at the time.
He may not get the chance to do it again, but Kimball could soon lead an organization that carries a five-year, $3.7 billion investment plan, according to Crain . EDC is one of the city’s leading job creators, responsible for an array of projects including life science investments and workforce development projects.
“He’s a visionary,” Randy Peers, president and CEO of the Brooklyn Chamber of Commerce, told Crain’s. “I have worked with Andrew for a long time at Industry City, and he is excellent. No one will be more competent, professional or committed than Andrew Kimball.
Prior to his time at Industry City, Kimball was president and CEO of the Brooklyn Navy Yard Development Corporation. If appointed, Kimball would replace Rachel Loeb, who has led the agency for about a year.
[Politico] — HoldenWalter Warner