Involved in Multiple High Profile Activities

Kimberly Quinones, RIOC CFO, "Moves On"

Updated 18 weeks ago David Stone

As a highly visible CFO at RIOC, Kimberly Quinones's most distinguishing mark may be that she leaves with a record undisturbed by controversy.

Departing RIOC CFO Kimberly Quinones (second from right) at a RIOC committee meeting, earlier this year.
Departing RIOC CFO Kimberly Quinones (second from right) at a RIOC committee meeting, earlier this year.
© David Stone / Roosevelt Island Daily

Hired just over two years ago, in March of 2016, Quinones stood out at RIOC Board meetings where she demonstrated a firm grasp on complex financial details she was able to convey to a sometimes skeptical audience. Behind the scenes, she was also well regarded by outside interests interacting with RIOC.

A businessman who asked that his name not be used commented that Quinones was the single person inside 591 Main Street that clearly understood monetary details in negotiations.

In a statement, RIOC said, "As we recently embarked upon our new capital improvement program, Kim ensured that our spending protocols were sound and enforced. She also helped secure and maximize external funding, such as federal transportation funds for the bike ramp project."

Some who believe that "RIOC spends like a drunken sailor" may disagree, and all contract awards have not been sound. But those a quibbles relative to larger scale deals in which Quinones was involved.

Quinones (L) at her first Board Meeting in March, 2016, with outgoing President Charlene Indelicato.
Quinones (L) at her first Board Meeting in March, 2016, with outgoing President Charlene Indelicato.
© David Stone / Roosevelt Island Daily

Especially memorable was her forceful and well-informed advocacy of Southtown Amendment 5, a multi-layered, complex deal that opened the door for construction of Buildings 8 & 9 with a substantial commitment to expanding affordable housing.

"Kim was integral in finalizing several recent RIOC transactions," RIOC's statement continued, "including the Rivercross settlement and the Westview lease renegotiation."

Quinones hiring in 2016 did not come without controversy as it represented another snubbing of RIOC's Board by Governor Andrew Cuomo's Albany operatives. Although the Board is charged with hiring and firing executives, they were given a single choice and were not well-informed about any recruitment efforts or if they existed.

Kimberly Quinones, RIOC CFO, "Moves On"
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In this instance, Roosevelt Island got lucky.

Quinones will be missed. Although she informed RIOC President/CEO Susan Rosenthal of her plans to move on earlier in July, that information was not generally shared until yesterday, too late for many who might have wanted to share best wishes.

Quinones's destination, post RIOC, has not been disclosed publicly by her.

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