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<H1>De Blasio Hires Goldman Sachs Exec To Make City "More Affordable"</H1></DIV>
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<DIV class=cat-date-line><SPAN class=cat-date-line2><A
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href="http://www.popularresistance.org/tag/de-blasio/" rel=tag>de Blasio</A>, <A
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</SPAN><BR><SPAN class=cat-date-line4>By <A
href="http://gothamist.com/2013/12/23/bill_de_blasio_hires_goldman_sachs.php?"
target=_blank>www.gothamist.com</A><BR>December 23rd, 2013</SPAN><BR></DIV>
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<P><EM>Above: Alicia Glen will serve as Deputy Mayor for Housing and
Economic Development for de Blasio, Photo Goldman Sachs</EM></P></DIV>
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<H2>Alicia Glen worked with the Bloomberg Administration on private-public
partnerships when she was at Goldman Sachs<I><BR></I></H2>
<P>For all his campaign bluster against the two cities New York has become,
Mayor-elect Bill de Blasio isn’t exactly shying away from some of the people who
helped make it that way. This morning, the mayor-elect announced that Alicia
Glen will serve as Deputy Mayor for Housing and Economic Development, a newly
created position that will aim to make housing more affordable, as well create
living-wage jobs for New Yorkers.</P>
<P>“We need to invest in key emerging industries and affordable housing so New
Yorkers have a better shot at working their way into the middle class. Alicia
has the record, fresh ideas and bold outlook to make that vision a reality,”
said de Blasio at this morning’s press conference.</P>
<P>De Blasio discussed Glen’s vast experience, but mostly skirted the topic of
Glen’s last position, as the head of Goldman Sachs’s Urban Investment Group.</P>
<P>While at Goldman, Glen worked with the Bloomberg administration on <A
title="Opens in a new window"
href="http://www.thenation.com/article/169472/goldman-sachs-looks-turn-profit-program-fight-recidivism#"
target=_blank>the public-private partnerships</A> that Bloomberg championed
throughout his reign. In her speech this morning, Glen told the crowd that “we
can’t remain the greatest city in the world when half of New Yorkers are living
in or near poverty. We can do so much more to lift people up by investing in our
neighborhoods—especially in the outer boroughs.”</P>
<P>Glen supports de Blasio’s proposal for a small tax increase on the wealthiest
New Yorkers to pay for universal Pre-K. “I’m a banker so I did the math, and
that’s about $3.57 a day, and that’s a latte,” Glen<A
title="Opens in a new window"
href="http://blogs.wsj.com/metropolis/2013/12/23/de-blasio-taps-goldman-sachs-executive-for-deputy-mayor-post/?mod=WSJBlog&mod=WSJ_NY_NY_Blog"
target=_blank> said this morning</A>.</P>
<P>Glen’s Urban Investment Group played a large part in the Bloomberg
administration’s development agenda over the past decade, helping fund much of
the uneven development that has priced out many New Yorkers from neighborhoods
across the city. If you’re into what Franklin Avenue <A
title="Opens in a new window"
href="http://urbanomnibus.net/2013/01/the-ins-and-the-outs-the-gentrification-of-franklin-avenue/"
target=_blank>has become in Crown Heights,</A> then Glen’s the person for
you. But did people voting for de Blasio back in November really think this is
what they were going to get?</P></DIV>
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