Douglass E. Karp is involved in all aspects of New England Development’s business, including site acquisition, financing, permitting and planning, design, construction and leasing. He manages most of the firm’s retail and mixed-use development projects and serves as asset manager for Nantucket Island Resorts, a collection of premier hospitality and retail properties on Nantucket and an affiliated company of NED. In addition to his development and asset management experience, Mr. Karp brings to NED the perspective of a retailer, including expertise in market research, real estate development, and marketing.
Prior to joining NED in 1999, Douglass co-founded Lids, the specialty retail pioneer and leader of officially licensed and branded athletic fashion headgear. Under his leadership, the firm grew to include more than 400 mall-based, airport, and street level stores throughout the country. Mr. Karp serves on the boards of Children’s Hospital Trust Next Generation Developers Task Force, the Combined Jewish Philanthropies Next Generation Housing Foundation, Union College, the Massachusetts Chapter of NAIOP, the Board of Overseers for the New England Aquarium, and the Budget and Administration Committee of Combined Jewish Philanthropies. He received a B.S. degree from Union College.