NEW YORK CITY—Brookfield Office Properties has named Paul Schulman COO and president of US commercial operations. GlobeSt.com previously reported that the appointee replaced Mitch Rudin, president and CEO, who stepped down suddenly last month. However, the COO post is new and Brookfield has eliminated Rudin's position.
Schulman has been named president and COO of responsible for the day-to-day operations of the company's 57-million-square-foot U.S. office business. A 16-year executive at Brookfield who most recently oversaw its Washington, DC operations, Schulman will oversee asset management, leasing, and operations of Brookfield's 63-property US portfolio located throughout New York City, Los Angeles, Washington, DC, Houston, Denver, Boston, Seattle and San Francisco. The properties comprise 57 million square feet.
"Paul has been an integral member of the U.S. senior executive team for many years," says Dennis Friedrich, Brookfield Office Properties' CEO and the company's top executive. "The business will continue to flourish and grow under his increased leadership and strategic vision."
In addition to overseeing Brookfield Office Properties' hulking portfolio, Schulman also likely will have to help guide Manhattan West to success, Crain's notes. Brookfield began constructing the $5 billion mega-project in the Hudson Yards in 2013. The mixed-use development includes two major office towers that have not secured anchor tenants.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
