In December 2024, Mayor-elect Daniel Lurie issued a press release, "Mayor-Elect Daniel Lurie Announces Chief of Housing and Economic Development," naming Ned Segal to that title. The release states Segal "served as Co-Chair of the Daniel Lurie for Mayor campaign," and that he "was most recently Twitter's Chief Financial Officer." Lurie is quoted: "With his strong background in the private sector, a deep love for San Francisco backed by extensive civic engagement, and a track record of delivering results, Ned is uniquely positioned to lead the revitalization of downtown, accelerate housing production, and drive economic growth in our City." The stated priorities in that release: revitalizing downtown and accelerating housing, aligning Building Inspection, City Planning, Economic and Workforce Development, Housing and Community Development, the Arts Commission, Libraries, and the Airport.

The San Francisco Chronicle reported the announcement on a Tuesday and identified Segal as a childhood classmate of Lurie's at Town School for Boys, a campaign co-chair, and a member of the transition team. ABC7 San Francisco, December 19, 2024, reported Lurie hiring him as "the first-ever chief of housing and economic development," noted the 2022 Musk firing, and said Lurie and Segal "have known each other since they both attended a private middle school in the city." Those are reporting details around the mayor-elect's own release. The release is the primary for the title and the campaign co-chair line. This is a Democrat mayor's shop. It is not a finding of a housing crime.