World Trade Center
The frequent turnover at the Port Authority of New York and New Jersey’s top position has helped contribute to escalating costs at the yet-to-be-completed World Trade Center site, according to a committee report released yesterday.
Chris Ward, the former New York head of the Port Authority, is stepping into a new role, as an executive vice president of the large international construction company Dragados.
Governor Cuomo has nominated Patrick Foye, one of his top aides, to the post of executive director of the Port Authority. Mr. Foye brings to the post a solid background in economic development and a strong background in politics. That’s a good combination, but he’ll also need to be a reformer if he is to succeed in revitalizing this important bistate agency.
Mr. Foye’s nomination coincides with Mr. Cuomo’s call for the Port Authority to take over the long-delayed conversion of the Farley Post Office building into a new rail station named for the late U.S. Senator Daniel Patrick Moynihan.
As has been rumored since talk began that Chris Ward would be departing the Port Authority some time this year, the Cuomo administration is poised to announce Patrick Foye will be taking over the bi-state agency as executive director, The Journal reports.
Pat Foye used to like to joke in his public remarks about how he was a “recovering lawyer.”
Looks like the former state economic development czar has had a relapse.
Mr. Foye, who was the downstate chairman of the Empire State Development Corporation in the Spitzer administration, has joined Rivkin Radler, a Read More
While much of former Governor Eliot Spitzer’s economic development agenda seems to be on hold or in flux (e.g. Moynihan Station, for one), his once controversial plan for the Javits Convention Center has outlived his tenure.
The Paterson administration is trekking down the path of a renovation and modest expansion for Javits, with Read More
Here’s a copy, in full, of Empire State Development Corporation downstate chairman Pat Foye’s resignation letter to Governor Paterson, dated yesterday:
Patrick J. Foye
633 Third Avenue
New York, NY Read More
Patrick Foye, the state’s downstate development chief, has resigned from his post, following Governor Spitzer out the door. Mr. Foye oversaw a wide array of development initiatives, most notably managing the mega-projects underway that dot the city, from the Javits Center renovation to the proposed multi-billion-dollar redevelopment and expansion of Pennsylvania Station as part Read More
No shakeups at the state’s development agency for now.
Warner Johnston, a spokesman for the Empire State Development Corporation, confirmed this afternoon that Patrick Foye, downstate chairman of the state agency, isn’t following Governor Spitzer out the door.
Mr. Foye works at the pleasure of the Governor and has no Read More
At the center of recent concern—voiced by advocates, officials and others involved with the process—surrounding the viability of the redevelopment of Pennsylvania Station is where all the money will come from to fund it. [More on the broader issue here.]
State officials have said the redevelopment of Penn Station, part of a grander Read More