Brookfield Properties Announces Promotions

Brookfield Properties Corp., New York, has made a series of promotions and additions to its executive management team. Steve Douglas has been named president of Brookfield Properties Corp. He was most recently senior managing partner at an affiliated company, Brookfield Asset Management, focused on that company's operations and international property portfolio. Dennis Friedrich has been named president and chief executive of U.S. Commercial Operations. Mr. Friedrich was formerly president and chief operating officer of U.S. Commercial Operations. Paul Schulman has assumed the post of COO of U.S. Commercial Operations. He was formerly senior vice president and head of the company's Washington region. Tom Farley has been named president and chief executive of the Canadian Commercial Operations, where he was formerly president and COO. The new COO of Canadian Commercial Operations is Jan Sucharda. Brookfield Properties CEO Ric Clark has taken on the added responsibility of overseeing Brookfield Asset Management's global real estate activities with the title of senior managing partner and CEO.