ULI New York Blog

Brooklyn Army Terminal is Hiring – Executive Director of BioBAT

Brooklyn Army Terminal is looking to hire an Executive Director of BioBAT, the Science and Technology Center at the Brooklyn Army Terminal in Brooklyn NY.

BioBAT, Inc. (BioBAT), a Science and Technology Center, is seeking applications for an Executive Director to manage the leasing and future phased development of up to 500,000 sq. ft. of commercial research and light manufacturing space at the Brooklyn Army Terminal.  New York City, with its preeminent academic and medical research institutions, world-renowned researchers and extensive venture capital community, has all the ingredients to develop into a global center for biotechnology. To facilitate this growth, BioBAT will provide much needed affordable state-of-the-art commercial science and technology space.

The Executive Director will oversee the entire development and implementation process for BioBAT. This will include marketing, leasing, and managing the newly developed 85,000 sq.ft. of space consisting of a 5,000 sq. ft. model R&D laboratory, 55,000 sq. ft. of “warm light shell” to be customized to individual tenant needs and 25,000 sq. ft. of base building/common areas.  Upon successfully operating the current phase, the Executive Director will implement the further development of the site by securing additional capital and overseeing the design and continued construction of the site. The successful candidate for this position will be an entrepreneurial executive with a proven track record in bioscience real estate development/management. The current phase is a “start-up” undertaking, and the successful candidate should be comfortable working independently.

The Executive Director will work with officers of BioBAT and report directly to the Board of Directors of BioBAT.  The Executive Director’s responsibilities will include:

Immediate –

  • Market and lease space to tenants;
  • Oversee the day-to-day operations and management of BioBAT;  
  • Manage financial and grant matters, including audits and grant reimbursements; and
  • Integrate BioBAT into the City’s biotech community through the forging of relationships with institutions and private entities.

Longer term –

  • Articulate a vision for the larger BioBAT campus and develop a range of innovative programs and practices to market BioBAT on a national and international level;
  • Develop a longer term strategic plan and establish performance metrics;
  • Select a property manager and maintain a well-run facility that meets tenants’ needs;
  • Identify and secure additional funds from various sources;
  • Procure and manage architect, engineer, and construction manager for future phased development.

The New York City Economic Development Corporation (NYCEDC) and the State University of New York Downstate Medical Center have dedicated time and staff toward supporting the progress of the project and will provide resources to support the Executive Director’s responsibilities to the extent necessary.

BioBAT

NYCEDC, acting on behalf of the City of New York, and the Research Foundation for the State University of New York, acting on behalf of Downstate Medical Center, formed BioBAT, Inc., a not-for-profit corporation, to undertake this critical initiative. BioBAT is developing the project in phases. Phase I (38,000 sq.ft.), built for the International AIDS Vaccine Initiative (IAVI), was completed in November 2008. The current Phase (85,000 sq.ft.) will be complete this summer. An approximately additional 400,000 sq.ft. is available for future development.

Brooklyn Army Terminal (BAT)

BAT is a 97-acre campus containing approximately 4 million square feet of space in two multi-story loft buildings located on the Brooklyn waterfront in Sunset Park. BioBAT is located in Building A, which is a nine-story, 1.8 million square foot building. The space overlooks Upper New York Bay with views of the Statue of Liberty. The BAT campus has controlled access and private security patrols 24 hours a day, seven days a week, with tenant access to the Site permitted at any time. The campus is easily accessible by public and private transportation from all major research centers in New York City and Long Island. On-campus amenities include full-service banking, a cafeteria, child-care services and parking.

Application

Each completed response should demonstrate the respondent’s ability to oversee all aspects of the project.  Preference will be given to individuals with the following experience and skills:

  • Manage biotech facilities and attracting biotech companies
  • Working with federal, state and local tax incentives
  • Construction of bioscience projects and overseeing tenant improvements
  • Strong managerial, budget and operational skills
  • Communication, interpersonal and teamwork skills
Compensation

Salary and benefits package will be commensurate with candidate’s job experience and comparable positions. The Executive Director will earn a base salary plus incentive compensation based on successful marketing and leasing activity.

Acceptance of inquiries, nominations, and applications will begin immediately. Applicants should provide a resume, three references and a detailed letter of interest. Only electronic correspondence will be accepted. Please send applications to BioBAT, Inc.

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