Mamdani Appoints Lina Khan, Tony Shorris to NYC Economic Roles

New York City Mayor Zohran Mamdani appointed Lina Khan as the next chair of the city’s Economic Development Board (EDB) and Tony Shorris as the next leader of the city’s Economic Development Corporation (EDC) this week. These appointments signify significant shifts within New York’s influential development agencies as Mamdani reshapes his economic agenda. Khan, formerly the chair of the Federal Trade Commission under the Biden administration, has been a close advisor to Mayor Mamdani and was involved in the selection process for the EDC president position. Shorris brings extensive experience in city government to his new role at the EDC. The changes are expected to influence the direction of economic development initiatives across the city. Mamdani's administration is prioritizing a new economic strategy, and these leadership changes at the EDB and EDC are central to that effort. The Economic Development Board and Corporation are key bodies responsible for fostering business growth, creating jobs, and managing city-owned assets. The selection of Khan, known for her work in antitrust and competition policy, suggests a potential focus on market fairness and strategic investment. Shorris's background in city administration is anticipated to provide continuity and operational expertise. These appointments are effective immediately, with further details on their strategic priorities expected in the coming weeks.