John E. Zuccotti, Urbanist and Financier, Dies at 78

21 Nov 2015 | Author: | No comments yet »

Former Deputy Mayor John Zuccotti, 78, dies after brief illness.

John Zuccotti, a former deputy mayor who was instrumental in helping the city navigate the 1970s fiscal crisis, died Thursday night after a brief illness.

Zuccotti spent 25 years at Brookfield and its predecessor firm Olympia & York, playing an instrumental role in redeveloping Lower Manhattan after the Sept. 11, 2001, terrorist attacks. Zuccotti, who has died at the age of 78, played an outsized role in New York City’s history, including during the financially-troubled 1970s. “It is with great sadness that we learn of the passing of John Zuccotti.

NYC Mayor Bill De Blasio added that “after the tragic terror attacks on September 11, 2001, John was a powerful voice for the revitalization of downtown Manhattan, overseeing the regrowth of Liberty Park.” “I turned to John often for advice, and he would often share his stories of guiding the city in tough times. Most recently, he served as the chair of global operations for Brookfield Asset Management. “John was a great inspiration, friend and mentor to all who he touched at Brookfield, just as he was with countless New Yorkers throughout his long and storied career,” Ric Clark, Brookfield’s head of real estate, wrote in a letter to the company’s employees. Beame from 1975 to 1977, playing a critical role in saving the city from collapse during the fiscal crisis, according to a biography provided by Brookfield. In 2006, a private park owned by Brookfield that had been damaged in the World Trade Center terrorist attacks was restored and renamed in honor of Zuccotti. “Everyone who cares about Lower Manhattan owes him a great deal for what he did to help the neighborhood recover in the aftermath of 9/11,” said Larry Silverstein, chairman of Silverstein Properties, which developed much of the new World Trade Center. He died Nov. 19, according to Ashley Baldev, a spokeswoman at Weil, Gotshal & Manges, where Zuccotti was of counsel in the New York-based law firm’s real-estate department.

He added that Zuccotti was “perhaps New York’s best public servant.” Born in Manhattan in 1937, studied at Princeton University and Yale Law School. Cuomo said. “Over the course of a career that spanned both government and the private sector, he worked tirelessly to improve the communities around him.

The park’s renaming to Zuccotti Park in 2006 is a fitting and lasting memorial for John’s compassionate and tireless efforts to rebuild and fortify our city in its gravest time of need. Zuccotti was perhaps best known in recent years for the half-acre park in Lower Manhattan that was named after him, where Occupy Wall Street protesters encamped in 2011. With gas generators and other things there, we don’t want anybody to get hurt.” According to the New York Post, Zuccotti and his wife Susan, a prominent Holocaust historian, have lived in the same home in Carroll Gardens, Brooklyn, for decades. Beame, Commissioner and then Chairman of the City Planning Commission under Mayor John Lindsay, on committees to improve public welfare under Mayor Ed Koch and Governor Hugh Carey, as well as at the U.S. Millstein said, “the greatest disappointment in life was that he didn’t want to become mayor and he didn’t for the best of reasons: his loyalty to Beame.

He will be missed.” Former New York City mayor, Michael Bloomberg said: “New York City has lost one of its most devoted champions and civic leaders, and someone I was lucky to call a friend, John Zuccotti. Once, making the case for sound city planning, he told the story of a chicken and a pig admiring a window display of colored eggs flanking a garnished ham. He graduated from La Salle Military Academy in Oakdale, N.Y., and received a bachelor’s degree from Princeton in 1959 and a law degree from Yale before becoming a second lieutenant in the Army Reserve. Zuccotti worked as an urban planner in Venezuela for Harvard and the Massachusetts Institute of Technology’s Joint Center for Urban Studies, and as a special assistant to Robert C. He returned to New York to form a law firm with Peter Tufo, Mayor Lindsay’s representative in Washington, and moved to Carroll Gardens in Brooklyn — the kind of neighborhood, he said later, that made up “the heart, the guts of the city.” When a Brooklyn seat on the Planning Commission opened, he was recommended by Deputy Mayor Richard R.

Zuccotti wearily replied, “We’re aware of the problem, and we’re working now on getting rid of the seven million people.” “He was largely responsible for the city’s survival,” Howard J. Koch’s offer to be schools chancellor but relished his appointment in 1982 as a labor arbitrator by Richard Ravitch, head of the Metropolitan Transportation Authority, and John E. Indeed, his necktie was emblazoned with tiny profiles of Don Quixote. “I knew this job would be very tough when I took it, and it has been,” he said after serving for nine months. “But I also figured that the only place the city could go was up, which it has.”

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