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Supported Local Development Corporations

Local Development Corporation Date of Funding Amount of Funding Source of Funding Purpose of Funding
Downtown Brooklyn Partnership, Inc. 6/10/22 $426,666.70 City Capital Budget funds Providing funds for the construction of Betty Carter Park (formerly known as BAM Park)

Click here for a list of funding that NYCEDC provided to local development corporations in the prior fiscal years.

The following directors, officers, and employees of NYCEDC also serve with certain local development corporations, as set forth opposite their names below(1):

Name Current NYCEDC Position Local Development Corporation(2) Current Position in Local Development Corporation Beginning date of overlap
Joy Ardizzone Senior Vice President & Records Management Officer BNYC Records Management Officer 6/15/21
Jill Braverman Assistant General Counsel BNYC Assistant Secretary 9/17/13
Amy Chan Senior Vice President, Assistant Treasurer & Controller NYCLDC Assistant Treasurer 5/9/19
    BNYC Assistant Treasurer 12/11/18
Fred D'Ascoli Executive Vice President & Chief Financial Officer BNYC Chief Financial Officer 2/10/15
    NYCLDC President 3/18/20
    NYCLDC Director 6/24/21
Leslie Escobar Deputy Controller & Assistant Treasurer BNYC Assistant Treasurer 3/9/21
NYCLDC Assistant Treasurer 8/30/22
Carlos Guerra Assistant Secretary & Assistant Vice President NYCLDC Assistant Secretary 4/30/13
Arthur Hauser Assistant Secretary NYCLDC Assistant Secretary 4/30/13
    BNYC Assistant Secretary 9/17/13
Spencer Hobson Executive Vice President & Treasurer BNYC Treasurer 12/13/11
    NYCLDC Executive Vice President & Treasurer 5/24/12
Meredith J. Jones Executive Vice President, Secretary & General Counsel BNYC Secretary & General Counsel 12/13/11
Andrew Kimball President, Chief Executive Officer & Director BNYC Chairperson & Director 3/8/22
Stella Maniago Assistant Treasurer BNYC Assistant Treasurer 6/23/20
Emily Marcus Vice President BNYC Executive Director 2/13/18
Shin Mitsugi Senior Vice President BNYC Assistant Secretary & Compliance Officer 12/13/11
Noah Schumer Senior Project Manager BNYC Deputy Executive Director 3/9/21
Mark Silversmith Assistant Secretary & Special Counsel NYCLDC Secretary 5/24/12
Maria Torres-Springer Director BNYC Director 2/1/22
Elizabeth Verostek Executive Vice President and Deputy Chief Financial Officer BNYC Assistant Treasurer 5/12/20
Betty Woo Director BNYC Alternate Director 5/9/18

1Click here for information on simultaneous service on or after July 1, 2012 (i) as a director, officer or employee of NYCEDC; and (ii) as a director, officer or employee of a local development corporation, that has ceased.

2 The following abbreviations are used in this chart: BNYC (Build NYC Resource Corporation), and NYCLDC (New York City Land Development Corporation).