Hudson River Trust Picks New Head
By Kiratiana Freelon on May 26, 2011 7:27pm |
By Dave Goldiner
DNAinfo News Editor
CHELSEA — Madelyn Wils has been named head of the Hudson River Trust, which manages the public lands along the river below 59th Street.
Wils, 55, who lives in Tribeca, was previously vice president of the city's economic development corporation. She succeeds Connie Fishman, who left the trust in February.
Wils will oversee continued development of piers that make up much of the park and provide potential revenue sources.
The trust must decide what to do with Pier 40, which houses a parking garage that provides more than one-third of the trust’s annual revenue.
The trust, which has spent about $400 million to redevelop the crumbling piers, takes in about $16 million a year.
Its plans have repeatedly been scuttled by community opposition to plans for commercial uses for some of the piers.