Real Estate Weekly
Image default
Deals & Dealmakers

Ex-Sony boss, IRS manager join Foye on MTA board

Governor Andrew M. Cuomo announced the nomination of new MTA chairman, Patrick J. Foye as well as four new members to the board.

Haeda Mihaltses of Queens County and Michael Lynton of Kings County will serve as appointments of Governor Cuomo. Rhonda Herman of Westchester County and Kevin Law of Suffolk County have been recommended by Westchester County and Suffolk County.

“I vowed not to pass a budget without a comprehensive plan to reform the MTA’s bureaucracy,” Governor Cuomo said.

“The MTA needs a board that will oversee and manage the transit system so it can best serve its riders, and this critical component of the MTA reform plan will ensure an unmatched level of accountability that New Yorkers deserve. I thank the outgoing members for their service and commitment to improving our state’s transit networks.”

Foye was named president of the Metropolitan Transportation Authority in August 2017 and has led modernization initiatives and day-to-day management of the agency.

Previously, he served as an MTA Board Member from 2010 to 2012. Prior to joining the MTA, Foye led the Port Authority of New York and New Jersey as Executive Director for six years, from November 2011 to August 2017, during which time he also served as President of PATH.

At the Port Authority, he managed day-to-day operations at the bi-state agency and guided the development of the agency’s ten year, $32.2-billion Capital Plan, while overseeing some of the nation’s most significant P3 transactions, including the redevelopment of LaGuardia Airport and the building of a new Goethals Bridge.

Foye also served as Deputy Secretary for Economic Development for Governor Andrew M. Cuomo from February 2011 to November 2011, managing initiatives for economic recovery, investment and job creation, and overseeing the Empire State Development Corporation.

Prior to that, Foye was a Mergers and Acquisitions partner at Skadden Arps and managing partner of the firm’s Brussels, Budapest and Moscow offices.

New board member Haeda B. Mihaltses is the Vice President of External Affairs for the New York Mets and is the Mets main liaison with City, State and Federal officials.

Mihaltses spent 12years in Mayor Michael R. Bloomberg’s administration as Director of Intergovernmental Affairs.

Michael Lynton is the former CEO of Sony Entertainment who now serves on the boards of Snap, Warner Music Group, Pearson and Ares Management.

Rhonda Herman is an IRS manager who servess on the Metro-North Railroad Commuter Council and Kevin Lawis president and CEO of the Long Island Association. He has served on both the Governor’s “Fix NYC” Advisory Panel and the MTA Transportation Reinvention Commission.


Prior to that, Foye was a Mergers and Acquisitions partner at Skadden Arps and managing partner of the firm’s Brussels, Budapest and Moscow offices.

New board member Haeda B. Mihaltses is the Vice President of External Affairs for the New York Mets and is the Mets main liaison with City, State and Federal officials.

Mihaltses spent 12years in Mayor Michael R. Bloomberg’s administration as Director of Intergovernmental Affairs.

Michael Lynton is the former CEO of Sony Entertainment who now serves on the boards of Snap, Warner Music Group, Pearson and Ares Management.

Rhonda Herman is an IRS manager who servess on the Metro-North Railroad Commuter Council and Kevin Lawis president and CEO of the Long Island Association. He has served on both the Governor’s “Fix NYC” Advisory Panel and the MTA Transportation Reinvention Commission.

Related posts

Cushman team brings pair of new hotels to market in Flushing

REW

Savanna leases One Court Square to Altice USA

REW

Pride flag raised at Newark business center

REW