Mamdani Taps Antitrust Crusader Lina Khan to Lead NYC Economic Development

The appointment resolves a monthslong delay that drew criticism from civic leaders and business groups. Some said the gap signaled that economic development was not a priority for a mayor focused on rent control, tenant protections, and stricter corporate regulation. Mamdani has been vocal about his affordability platform for lower- and middle-income New Yorkers.

Shorris has a decadeslong career in public service and the private sector. He helped establish the city's minimum wage and universal 3-K programs. He previously led the New York-New Jersey Port Authority.

Mamdani said pairing Khan with Shorris was deliberate. Development and cost-of-living goals had to move together. "As we work to reimagine economic models that give so much to so few, and deny so many others the basics of a dignified life, we believe that economic development and economic justice must go hand in hand," he said.

The EDC's powers are broad. It can develop real estate, manage assets, award business incentives, and oversee construction projects on behalf of the city. Khan's antitrust background could shape how the agency engages with large corporations. Shorris's experience with public programs may reassure civic leaders who questioned the administration's commitment to business growth.

The delay in filling the role may have reflected the challenge of finding someone who could bridge the mayor's affordability agenda with the needs of developers and tech investors. Mamdani's choice of Khan suggests he wants the EDC to lean into consumer protection and fair competition, not just deal-making.