Under Mayor Eric Adams, the city’s Economic Development Corporation (NYCEDC) is set to be led by two prominent figures: Anthony E. Shorris and Lina Khan. Shorris, a former deputy mayor and McKinsey partner, and Khan, who previously chaired the Federal Trade Commission, will co-lead the agency.

This appointment signals a new direction for NYCEDC, aiming to blend traditional economic development strategies with a focus on economic justice. The move comes as the Adams administration seeks to address disparities and ensure that economic growth benefits all New Yorkers.

Khan's experience at the FTC, where she championed antitrust enforcement and consumer protection, suggests a potential emphasis on curbing corporate power and promoting fair competition within the city's economy. Shorris's background in city governance and consulting brings a wealth of experience in strategic planning and implementation.

Together, their leadership is expected to shape the future of economic policy in New York City, prioritizing inclusive growth and equitable opportunities for its residents and businesses. The NYCEDC will be a key player in implementing these new initiatives.