Real Estate

Tucker Reed to leave Downtown Brooklyn Partnership

therealdeal.comThe president of the Downtown Brooklyn Partnership, Tucker Reed, is set to step down from his position in August.

Reed will be leaving the local development nonprofit after four and a half years in charge, according to an email sent to the organization’s members by co-chair MaryAnne Gilmartin, who is also the CEO of Forest City Ratner Companies, Commercial Observer reported.

During his tenure, Reed pushed a variety of commercial and residential development plans, including the Brooklyn Tech Triangle, an alliance with the Dumbo Business Improvement District and the Brooklyn Navy Yard to reduce office vacancies in the area. In Downtown Brooklyn, those vacancies dropped to 1.5 percent last year from 10 percent when Reed took charge, according to Gilmartin’s email.

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