Brooklyn-Navy-Yard

The Brooklyn Navy Yard Development Corporation, the non-profit that manages the industrial park, is getting a new president. David Ehrenberg, who is currently an executive vice president at the city’s Economic Development Corporation, will take over the organization that runs the 300 acre, city-owned industrial park. According to a release put out by the organization, “Mr. Ehrenberg and his team will oversee the development of more than one million square feet of new industrial space within the Yard, upgrading the Yard’s infrastructure, in addition to leasing and promoting local economic development through the Yard’s employment programs.” Prior to his current job, Ehrenberg was a co-head of the real estate transaction services group at the EDC and had coordinated a microenterprise program at South Brooklyn Legal Services. Thanks in part to a $250 million investment from the city, the Navy Yard has 4.5 million square feet of leasable space and and employment there has grown from 3,600 in 2001 to 6,400 today. The organization expects to create another 1.8 million square feet of space that will employ an additional 2,500 people over the next two years.

Photo: MsSusanB


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