NEW YORK CITY-Taconic Investment Partners has promoted Peter Febo toCOO. In the newly created position, Febo is expected to play an integral role in the implementation of Taconic’s business plan, directing the company’s 85-person in-house team and communicating with all asset, development and construction managers.

Previously SVP, Febo now oversees residential, commercial and retail property development; construction projects and commercial and residential asset management, including Taconic Management Company, Taconic’s wholly-owned property management and leasing subsidiary. Febo reports directly to co-CEOs Charles Bendit and Paul Pariser.

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