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June 7, 2009
Marisa Lago Exit Roundup
Here's a quick look at coverage of the resignation of Marisa Lago, Head of the Empire State Development Corporation which is the state entity overseeing the proposed Atlantic Yards project.
The New York Times, Paterson’s Economic Development Chief Announces Resignation
One of New York State’s top economic development officials announced her resignation on Saturday, after less than a year in office, in yet another setback for the troubled agency she had been appointed to lead.
The official, Marisa Lago, president and chief executive of the Empire State Development Corporation, said she would step down at the end of the month, according to a press release from Gov. David A. Paterson’s office. Just last August, Mr. Paterson appointed Ms. Lago to run the agency, which had long been buffeted by turf wars, management problems and a lack of direction.
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A spokesman for Mr. Wilmers, who is chairman and chief executive of MT Bank Corporation of Buffalo, said he could not be reached for comment on Ms. Lago’s departure or his role in the direction of the agency, which is involved in the expansion of the Jacob K. Javits Convention Center, the planned expansion of Pennsylvania Station and the Atlantic Yards project in Brooklyn.
Newsday, Head of NY economic development agency quits
The president of the state's economic development agency has quit after less than a year.
Gov. David Paterson announced Marisa Lago's resignation Saturday as president of the Empire State Development Corp. The former Wall Street executive was named to the job last August. She says she wants time to pursue jobs outside government.
Paterson praised Lago for pushing ahead work on the Javits Convention Center in New York City and Buffalo's Erie Canal Inner Harbor.
The economic meltdown has stalled several of the agency's key projects, including the rebuilding of Penn Station and the Atlantic Yards project in Brooklyn.
Dennis Mullen, upstate president of the agency, will take over Lago's positions.
NY1, Economic Development Head To Step Down
The head of the Empire State Development Corporation and the Department of Economic Development is stepping down.
Marisa Lago was appointed eight months ago and issued a statement saying she wants to pursue positions outside of state government.
The corporation provides state financing for projects like Atlantic Yards in Brooklyn which underwent a major redesign this week, with the replacement of architect Frank Gehry.
The Empire State Development Corporation's Upstate President, Dennis Mullen, will replace Lago.
AP Via WCAX-TV, Head of NY economic development agency quits
The president of the state's economic development agency has quit after less than a year.
Gov. David Paterson announced Marisa Lago's resignation Saturday as president of the Empire State Development Corp. The former Wall Street executive was named to the job last August. She says she wants time to pursue jobs outside government.
Paterson praised Lago for pushing ahead work on the Javits Convention Center in New York City and Buffalo's Erie Canal Inner Harbor.
The economic meltdown has stalled several of the agency's key projects, including the rebuilding of Penn Station and the Atlantic Yards project in Brooklyn.
Dennis Mullen, upstate president of the agency, will take over Lago's positions.
Lago joins top administration aides to leave in recent weeks, including Insurance Superintendent Eric Dinallo and budget director Laura Anglin.
Posted by steve at June 7, 2009 7:53 AM