Hemant Taneja

Mr. Douglass Karp serves as President at New England Development. He serves as Board Member at M.Gemi. He is an Angel Investor. is involved in all aspects of New England Development's business, including site acquisition, financing, permitting and planning, design, construction and leasing. He manages the firm's retail and mixed-use development projects and works closely with New England Development's family of companies, including Nantucket Island Resorts, MarketPlace Development, The Pinehills, Newburyport Development, and Old Sandwich Golf Club. He also serves as asset manager for Nantucket Island Resorts, a collection of premier hospitality and retail properties on Nantucket. In addition to his development and asset management experience, Mr. Karp brings to New England Development the perspective of a retailer, including expertise in market research, real estate development, and marketing. Prior to joining New England Development 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 Boston Children's Hospital Trust, Boston Youth Sanctuary, Combined Jewish Philanthropies, New England Aquarium, Surmesur, Union College, and the Massachusetts chapter of NAIOP. Douglass also serves on the Executive Board of Marcus Smart's YounGameChanger Foundation. He received a B.S. degree from Union College and is a graduate of the Harvard Business School Owner/President Management Executive Education Program.