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Alicia Glen Tapped to Lead City's Housing and Economic Development

Monday, December 23, 2013

WNYC

Alicia Glen has been named New York City's deputy mayor for housing and economic development.

Glen is currently a managing director at Goldman Sachs where she leads the Urban Investment Group that focuses on providing financing to under-served communities.Before she joined Goldman Sachs, Glen was an assistant commissioner for New York City's Housing Department from 1998 to 2002.

The deputy mayor shepherds the Administration's five-borough economic development strategy and job-creation efforts.

Glen will replace Robert Steel, the Deputy Mayor for Economic Development appointed by Mayor Bloomberg in 2010. Glen could face more challenges than her predecessor - she'll be expected to play the carrot and stick game, without the carrots. De Blasio has said he will end corporate subsides and tax breaks that by his tally cost the city $250 million a year. The new Mayor has also promised to create 200,000 affordable housing units.

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