The Carey Group LLC
Real estate development and government relations specialists
Michael G. Carey
(212) 912-3663
(212) 912-3667

Michael G. CareyMr. Carey formed The Carey Group LLC to assist developers and others regarding issues associated with (i) formulating, (ii) planning, (iii) initiating and (iv) completing economic development projects and/or public/private initiatives. Mr. Carey brings to the task vast expertise with government and economic development.

Mr. Carey served as a Special Advisor to Mayor Michael R. Bloomberg in 2002; Mr. Carey concentrated on special projects, including among others, the City’s takeover of the Board of Education, and he oversaw the School Construction Authority.

During the administration of Mayor Rudolph W. Giuliani, Mr. Carey was President of the New York City Economic Development Corporation (EDC) from 1999-2002 and served as First Executive Vice President and General Counsel from 1997-1999. EDC is the City’s primary vehicle for business recruitment and economic development initiatives, including real estate development. From 1999-2002, Mr. Carey was also chairman of the City’s Industrial Development Agency, which helped hundreds of companies and not-for-profit organizations, through bond financing and/or tax benefits, to undertake capital expansions.

While at EDC, Mr. Carey oversaw a number of high profile projects including:

  • a variety of projects relating to the revitalization of 125th Street
  • the development of KeySpan Park in Coney Island and Richmond County Bank Ballpark in Staten Island
  • the restoration of the Whitehall and St. Georges Ferry Terminals
  • the restoration of the Brooklyn Army Terminal
  • the development of Jamaica Center
  • the ongoing development of Queens West
  • the development of the Strategic Plan for the Redevelopment of the Port of NY
  • the restoration of the Tweed Courthouse
  • the relocation of the Fulton Fish Market
  • a variety of projects relating to the revitalization of 42nd Street including Two Times Square, the Ernst & Young Building and The New York Times Building

Prior to joining EDC, Mr. Carey was a Managing Director at the investment banking firm Cambridge Partners, where he specialized in municipal finance and financial products. Before joining Cambridge, he was a partner with the law firm of Whitman Breed Abbot & Morgan, where he practiced corporate and commercial litigation. Mr. Carey began his career at the law firm of Paul Weiss Rifkind Wharton & Garrison. He is a graduate of Fordham University School of Law and the Catholic University of America.

Immediately prior to forming The Carey Group LLC, Mr. Carey was a Senior Vice President and General Counsel at Cybersettle, Inc., the world leader in accelerated dispute resolution and online claim settlements. In addition to his General Counsel duties, Mr. Carey was responsible for developing Cybersettle’s governmental market segment. Mr. Carey continues in his capacity as General Counsel to Cybersettle.

Before joining Cybersettle, Mr. Carey was a partner at Plunkett and Jaffe, P.C., where he was involved in a variety of real estate finance and development transactions as well as being very active in government relations and lobbying on behalf of several high profile projects.

Mr. Carey serves as a Trustee of the Educational Construction Fund. He also serves on the Advisory Board of Redwood Partners and is a member of the Board of Directors of Criterion Strategies, Inc., and he is also a Director of the Board of Tomorrow’s Hope Foundation. Mr. Carey was recently named to the Board of The New York Convention Center Development Corporation.