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June 18, 2008
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Jets President Jay Cross Will Resign To Head Hudson Yards Project

Cross Leaving Jets To Oversee
Related Cos.' Hudson Yards Project
JAY CROSS, who has served as Jets President for the past eight years, will join the Related Cos. next month to head the Hudson Yards project, taking the title of Related Hudson Yards President (THE DAILY). In N.Y., William Neuman notes Cross led the Jets' side of the new Giants/Jets stadium effort and is "one of the men most closely associated with the ill-fated proposal to build a West side stadium." Cross will run Hudson Yards' development on the same West side site. Regional Plan Association Exec Dir THOMAS WRIGHT, whose company opposed the stadium project on the site but supports the Metropolitan Transportation Authority's plans for the area, said that "Cross was a good choice because he knew the area." Wright: "I thought he was a very good spokesperson for the Jets, did a very good job of presenting it, and in particular he never burned any bridges with anybody. Even having debated him publicly and privately on it, it was always just about the issues -- it was never personal. In many ways it makes enormous sense to snap him up." Neuman notes Cross in joining Related will "join another alumnus of the stadium wars," as Related hired former NYC2012 Managing Dir JAY KRIEGEL as Senior Adviser (N.Y. TIMES, 6/18). In N.Y., Rich Cimini wrote the Jets' desire to build a stadium on the West Side was the "primary reason why Cross, who has no background in football," was hired by Jets Owner WOODY JOHNSON (NYDAILYNEWS.com, 6/17).

JETS: The Jets promoted VP/Business Operations MATT HIGGINS to Exec VP/Business Operations, Senior VP/Finance THAD SHEELY to Exec VP/Stadium Development & Finance and GM MIKE TANNENBAUM to Exec VP & GM. All three will report directly to Johnson (THE DAILY). It "appears that Tannenbaum, Higgins and Sheely, who are all under the age of 40, "will absorb Cross' responsibilities" (NYDAILYNEWS.com, 6/17). 


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