The Real Deal New York

Downtown Brooklyn Partnership kicks off search for new prez

Nonprofit to start interviews next month
By Kathryn Brenzel | July 25, 2016 04:00PM

1 Metro Tech Center in Downtown Brooklyn (inset from top: Tucker Reed and Laurel Brown)

The Downtown Brooklyn Partnership has begun its search for a replacement president as Tucker Reed prepares to leave early next month.

The organization’s board has formed a search committee and plans to start interviewing candidates next month, a DBP spokesperson told The Real Deal. Laurel Brown, who currently serves as executive vice president of the nonprofit, will serve as interim president.

Reed took over the DBP in 2011, after working as a special projects director at Two Trees Management TRData LogoTINY. He’s indicated that he’s considering a new job in technology or real estate, but has not yet disclosed which he will choose

The president oversees three business improvement districts — the MetroTech BID, the Fulton Mall Improvement Association and the Court-Livingston-Schermerhorn BID — and serves as an “advocate for public and private investment in Downtown Brooklyn,” according to the job description on the organization’s website. Mayor Michael Bloomberg formed the partnership in 2006 as a local development corporation, created out of the BAM Local Development Corporation and the Downtown Brooklyn Council. Its first president, Joseph Chan, went on to work for the Empire State Development Corporation.

The city has 72 BIDs, which spent a total of $127 million last year.