JP Gazette: Head of Urban Edge resigning

Mossik Hacobian, the high-profile longtime head of Urban Edge—one of two powerhouse non-profit developers in Jamaica Plain—plans to resign in 2011. JP resident and chair of Urban Edge’s board of directors Anne McKinnon sent out an e-mail notification last week announcing the formation of a committee to oversee the leadership transition at the non-profit.

Hacobian’s stepping down from Urban Edge leadership comes at a tumultuous time for the community development corporation (CDC). The non-profit has been struggling with major financial problems—tied to its participation in a complex, multi-developer plan to redevelop Jackson Square—for years. A 2007 restructuring effort resulted in Hacobian’s former executive director position being split into two jobs. Hacobian took on the role of president, and Chrystal Kornegay was promoted into a newly created CEO position.

Read the full story at the Jamaica Plain Gazette website

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