Robert Lieber, the deputy mayor for economic development, announced he's stepping down, "I told the mayor this is toughest decision I ever had to make. I love the job. I’m most proud of having taken a lot of these projects that had been put in the oven but not baked and gotten them done, whether it’s Coney Island, Willets Point or the World Trade Center.” The NY Times reports that Lieber, who previously worked for Lehman Brothers, will be going to a "merchant real estate bank that recently acquired a company that, he said, would be at the center of sorting out troubled real estate loans." Lieber also worked on the city's takeover of Governors Island and failed attempt to turn Kingsbridge Armory into a shopping mall. more ›

Governor Paterson has reignited plans on the construction of Moynihan Station, the long-delayed new home of Penn Station in the post office across the street from the current one. Paterson really threw his hat into the ring attempting to stir up excitement and confidence for the new chapter in the saga of the station saying, "We're going to respond to this challenge - and do you know why we're going to respond? There's a new sheriff in town." more ›