Top Forest City development exec leaving for Lend Lease

Melissa Burch will be replaced by Howard Hughes' Susi Yu

TRD New York /
Jan.January 14, 2015 02:30 PM

Melissa Burch, executive vice president of commercial and residential development at Forest City Ratner and the person overseeing the developer’s Pacific Park megaproject in Brooklyn, has jumped to construction giant Lend Lease.

Burch had replaced MaryAnne Gilmartin in the high-profile role in 2013, after Gilmartin was promoted to CEO. Her exit occurred amid cost overruns and delays at Forest City’s B2 tower construction at the project, formerly known as Atlantic Yards.

In Burch’s new job at Lend Lease, she will serve as executive general manager in charge of expanding Lend Lease’s development operations, the New York Daily News reported.

Meanwhile, Forest City Ratner alum Susi Yu will return to replace Burch in the role, the developer announced today. Yu was serving as senior vice president at the Howard Hughes Corporation, which has proposed redeveloping the South Street Seaport. [NYDN]Mark Maurer


Related Article

arrow_forward_ios
Howard Hughes CEO David R. Weinreb and South Street Seaport (Credit: NYCgo)

Amid talks of company sale, Howard Hughes lands $250M loan for Seaport project

Developer Howard Hughes mulls sale amid continued financial uncertainty

250 Water Street and Howard Hughes Corporation CEO David Weinreb (Credit: Google Maps)

Howard Hughes faces more backlash at Seaport. This time, it’s over toxic contamination concerns

The state of new development, according to those who build and sell it

From left to right: Elizabeth Ann Stribling-Kivlan (president of Stribling & Associates), developer Michael Shvo, MaryAnne Gilmartin (CEO of L&L Mag), Vishaan Chakrabarti (founder of PAU Studio) (Credit: Emily Assiran)

Developers and brokerage heads riff on Stribling sale, condo pricing and myths about Billionaires’ Row at TRD forum

Long Island Cheat Sheet: Alibaba co-founder Joseph Tsai could buy Nassau Coliseum… & more

arrow_forward_ios