Boston hires Olympic watchdog

Written By Unknown on Jumat, 17 April 2015 | 20.25

Mayor Martin J. Walsh is bringing on a former Goldman Sachs analyst as the city's financial "fact-checker" of Boston 2024's books and to make sure taxpayer money isn't used in the group's plan to host the 2024 Summer Games.

Sara Myerson, 31, will begin later this month as the $115,000-a-year executive director of the newly created Office of Olympic Planning in City Hall, where her "main job is to make sure we're not using taxpayer dollars to build venues," Walsh said.

"We had a lot of discussions about (finding someone) not connected politically, not connected to 2024, not really connected to what's going on," Walsh told the Herald. "What we were really looking for is financial credentials, someone who knows about putting deals together.

"She is more of a fact-checker, more of an accountability (person) and more about making sure we're moving forward in a positive manner and there's no surprises," the mayor said. "Outside of what's been written about the Olympics — with the ballot initiative, the joinder agreement, the salaries — the biggest concern is the use of taxpayer dollars."

Myerson, who is slated to start April 27, will technically fall under the Boston Redevelopment Authority, but Walsh said she'll report directly to him, with the possibility of adding staff under her "as the Olympic bid grows." He also left open the door to hiring an outside consultant to help review Boston 2024's final bid.

Now chief of staff at the nonprofit Preservation of Affordable Housing, Myerson worked for seven years for the Goldman Sachs Group, analyzing investments and real estate deals of up to $100 million, according to a resume provided by Walsh's office.

Myerson has never worked in state or city government, and she's made just one state political contribution — a $125 donation to Martha Coakley's gubernatorial campaign last year, according to campaign finance records. She has never contributed to Walsh or any other city officials, though her husband gave $100 to City Councilor Josh Zakim's campaign in 2013.

Walsh's aides did not make Myerson, a Cambridge resident, available for an interview yesterday, but said she is expected to move to Boston.

A Boston 2024 spokesman said that group officials "welcome" the new office.

The local opposition group, No Boston Olympics, also applauded the move.


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