REDC, Schulman’s Former Organization, Is Folding
By Tina Traster
Rockland County Executive Ed Day has hired Jeremy Schulman, the former president and CEO of the Rockland Economic Development Corporation (REDC), to replace Lucy Redzeposki as the county’s Director of Economic Development and Tourism.
The REDC, a nonprofit government-funded economic development engine, will be discontinued and its board will be disbanded. A government source close to the arrangement said the REDC will be folded into the Office of Economic Development and Tourism. The county’s 2019 funding of the REDC of $316,000 will be funneled into the Office of Economic Development and Tourism. There will be no net savings to the county in the new configuration.
Schulman’s salary is $110,377.
The REDC board voted unanimously for the merger. A new Rockland Advisory Council for Economic Development (RACED) will be formed, with some REDC board holdovers likely.
Redzeposki, a tour de force, left the post in April. There were more than 24 candidates for the job but the county believes Schulman, who has headed up the REDC for two years, and who worked closely with Redzeposki, was the best fit.
Schulman did not return calls seeking comment.
Among his achievements, Schulman helped attract RK Pharma to Rockland County, which expanded into an existing 83,000 SF building at the New York Center for Innovation campus in Pearl River (IRG) creating approximately 100 jobs, He helped the NYC Football Club open a 25,000 SF facility in Orangeburg employing almost 90 people, and he played a role in the Garnerville Arts and Industrial Center in West Haverstraw rebrand known as the GARNER Historic District.