High-Flying NYCHA Chair Greg Russ to Announce Departure
Minneapolis-based public housing poobah’s $258,000 job will become a volunteer post, as NYC Housing Authority struggles with basic maintenance.
This article was originally published on by THE CITY
Chairman Gregory Russ is set to announce Thursday that he’s stepping down from his high-salaried job running the beleaguered New York City Housing Authority.
Russ was notable for masterminding a financial rescue plan for NYCHA — and for an unusually generous compensation deal that allowed him to commute regularly to his home in the Midwest while affording him an apartment in a luxury Tribeca high-rise.