Seth Pinsky

Seth Pinsky, whose legacy as head of the New York City Economic Development Corporation will be years of parking-induced traffic in city neighborhoods, with taxpayers footing the bill, is headed to the private sector.

Yesterday afternoon, Mayor Bloomberg unveiled a resiliency plan to better prepare New York for flooding due to climate change and severe storms. The report's team, put together in the wake of Hurricane Sandy and led by Economic Development Corporation President Seth Pinsky, used the administration's PlaNYC 2030 sustainability plan as the foundation for a sweeping set of resiliency-specific recommendations, covering everything from temporary bikeways to new landfill development on the East River.

At a panel put on by the New School last week, some of New York's biggest players in transportation and planning came together to discuss the future of the city's infrastructure. They all seemed to agree: The city can't keep up with its global competitors without new sources of revenue.

The NYC Economic Development Corporation's predilection for suburban-style, parking-filled projects earned it last year's Streetsie for worst city agency. Well, now we've got some more insight into what makes EDC tick.