Daniel L. Doctoroff

Doctoroff was born in Newark, New Jersey. His father, Martin Myles Doctoroff (1932–2002),{{cite web|url=https://www.geni.com/people/Martin-Doctoroff/6000000000026783235|publisher=geni.com|title=Martin Myles Doctoroff}} was a former FBI agent who left the organization when young Doctoroff was two years old{{cite web|url=https://therealdeal.com/issues_articles/the-closing-dan-doctoroff/|title=The Closing: Dan Doctoroff|publisher=The Real Deal|date=March 1, 2015|author=Solomont, E.B.}} and a Michigan Court of Appeals judge. His mother, Allene Doctoroff (née Miller; 1935–1999),{{cite web|url=https://www.geni.com/people/Allene-Doctoroff/6000000000026745811|publisher=geni.com|title=Allene Doctoroff}} was a psychologist who held a PhD.{{cite news|title=Martin M. Doctoroff|url=http://www.legacy.com/obituaries/hartfordcourant/obituary.aspx?n=martin-m-doctoroff&pid=413474|access-date=January 26, 2016|work=Hartford Courant|date=July 23, 2002}} He grew up in Birmingham, Michigan, the oldest of four sons. He attended Seaholm High School.{{Cite web |last=Loizou |first=Kiki |date=June 25, 2017 |title=Bloomberg's little helper wants to pave London’s streets with wi-fi |url=https://www.thetimes.com/article/00ec7bb2-58fd-11e7-9d32-2f99124d4bbb |work=The Sunday Times}}

In 1980, Doctoroff received a B.A. degree in government from Harvard College and a J.D. degree from the University of Chicago Law School in 1984. One of his college roommates was Major League Baseball player Mike Stenhouse.{{Cite web|title=Interview with Dan Doctoroff|url=https://www.maxraskin.com/interviews/dan-doctoroff|url-status=live|access-date=2021-08-04|website=Interviews with Max Raskin|language=en-US|archive-url=https://web.archive.org/web/20210804143415/https://www.maxraskin.com/interviews/dan-doctoroff |archive-date=August 4, 2021 }} Doctoroff's contracts professor in law school was future Supreme Court Justice Antonin Scalia and his torts professor was legal scholar Richard Epstein.

Doctoroff began his career as an investment banker, working for Lehman Brothers in New York City, where his mentor was Peter Solomon. He later became managing partner at Oak Hill Capital Partners, a private equity investment firm.{{cite news|last=Warner|first=Melody|title=Bloomberg President Assumes Added CEO Role|url=https://www.wsj.com/articles/SB10001424052702303812104576441824015874348#articleTabs%3Darticle|access-date=August 14, 2012|newspaper=The Wall Street Journal|date=July 12, 2011}}

In 1994, after attending a World Cup soccer match between Italy and Bulgaria, Doctoroff was inspired to bring such competition to New York City as host of the 2008 Olympic games. Largely unknown in political, sporting and business circles of New York, Doctoroff connected with political consultant Robert Teeter, under whom Doctoroff worked as a Republican political pollster while he was a student at Harvard. Through Teeter, Doctoroff met with the Metropolitan Transportation Authority, New York City Partnership, and then-mayor Rudy Giuliani and began to move forward with his plans to bring the Olympics to New York.

Although the U.S. Olympic Committee decided not to pursue a U.S. bid for the 2008 Olympic Games, Doctoroff continued his efforts and formed NYC2012, shifting his focus from the 2008 to the 2012 summer games. The NYC2012 plan called for construction of new stadiums, transportation improvements and environmental clean-up efforts.{{cite web|title=NYC 2012 Olympic Bid|url=http://www.plannyc.org/taxonomy/term/673|website=PlanNYC|access-date=January 26, 2016|archive-url=https://web.archive.org/web/20090707130638/http://www.plannyc.org/taxonomy/term/673|archive-date=July 7, 2009}} Although London was ultimately selected to host the 2012 summer games, Doctoroff's Olympic efforts helped catalyze longstanding infrastructure and development projects in New York such as the extension of the No. 7 subway line.{{cite news|last1=Cardwell|first1=Diane|last2=Bagu|first2=Charles V.|title=Deputy Mayor Leaving to Run Bloomberg L.P.|url=https://www.nytimes.com/2007/12/07/nyregion/07doctoroff.html|access-date=August 14, 2012|newspaper=The New York Times|date=December 7, 2007}} As a result of his involvement with NYC2012, Doctoroff was asked to join the Bloomberg administration in late 2001 as deputy mayor for economic development and rebuilding.

During his first term as deputy mayor, Doctoroff continued to focus on developing neglected areas of the cities Five-Borough Economic Opportunity Plan. In total, Doctoroff oversaw 289 separate projects and initiatives, including the rezoning of 6,000 city blocks, the creation of 130 million square feet of residential and commercial space, and 2,400 acres of new parks, including the High Line, Brooklyn Bridge Park and Governor's Island.{{cite news|last=Mahler|first=Jonathan|title=The Bloomberg Vista|url=https://www.nytimes.com/2006/09/10/magazine/10bloomberg.html|access-date=August 14, 2012|newspaper=The New York Times|date=September 10, 2006}} He also represented city interests in the redevelopment of Lower Manhattan after the devastation of 9/11. Doctoroff was responsible for initiatives to build the new Yankee Stadium, Citi Field, and the Barclays Center,{{cite news|title=New York's failed shot at the Olympics has a happy ending|url=https://www.nydailynews.com/opinion/new-york-failed-shot-olympics-happy-ending-article-1.986182?|access-date=February 13, 2023|newspaper=New York Daily News|date=December 4, 2011}} and expand the campuses of Columbia University, New York University, and Fordham University.{{cite news|last=Pereira|first=Ivan|title=City's colleges expand to take in new generation of top students|url=https://www.newsday.com/news/new-york/city-s-colleges-expand-to-take-in-new-generation-of-top-students-v45401|access-date=February 14, 2023|newspaper=Newsday|date=October 14, 2012}} Doctoroff was also responsible for overseeing the creation of the New Marketplace Housing Plan, which developed or preserved 165,000 units of affordable housing.{{cite news|last=TRD Staff|title=City likely to meet New Housing Marketplace Plan objective, says study|url=https://preview.therealdeal.com/new-york/2012/06/29/city-likely-to-meet-new-housing-marketplace-plan-objective-says-study|access-date=February 14, 2023|newspaper=The Real Deal|date=June 29, 2012}}

Doctoroff conceived of and led the team that developed PlaNYC, the 127-point plan that brought together more than 25 City agencies to make New York City more environmentally sustainable.{{cite news|last=Koppes|first=Steve|title=Daniel Doctoroff, Myrtle Stephens Potter elected to Board of Trustees|url=https://news.uchicago.edu/article/2011/06/03/daniel-doctoroff-myrtle-stephens-potter-elected-board-trustees|access-date=August 14, 2012|newspaper=UChicago News|date=June 3, 2011}} In December 2012, he argued the changes made as a result of PlaNYC helped prevent further damage to the city from Hurricane Sandy, particularly in areas designated as flood zones.{{cite news|first1=Dan|last1=Doctoroff|url=http://observer.com/2012/12/without-planyc-hurricane-sandys-devastation-would-have-been-much-worse/|title=Without PlanNYC, Hurricane Sandy's Devastation Would Have Been Much Worse|work=The New York Observer|date=December 12, 2012|access-date=June 10, 2015}} One of the 127 points of the plan was the introduction of congestion pricing, which is a system of fees to discourage commuting by car.{{cite news|last=Jose|first=Katharine|title=Bloomberg: Congestion Pricing Only Part of PlaNYC|url=http://observer.com/2008/04/bloomberg-congestion-pricing-only-part-of-planyc/|access-date=August 14, 2012|newspaper=The New York Observer|date=April 8, 2008}} Supporters, including Doctoroff, anticipated that the fees would help finance mass transit system improvements, reduce greenhouse gas emissions by 30% citywide by 2030 and reduce traffic congestion. A study conducted by the Metropolitan Transportation Authority in 2007, however, revealed that subway lines were at capacity and could not accommodate an increase in new riders using the system.{{cite news|last=Neuman|first=William|title=Some Subways Found Packed Past Capacity|url=https://www.nytimes.com/2007/06/26/nyregion/26mta.html|access-date=August 14, 2012|newspaper=The New York Times|date=June 26, 2007}} Congestion pricing was eventually dismissed by New York state legislators in April 2008, claiming the fee was unfair to middle-class commuters who did not have access to mass transit.{{cite news|title=Idea of N.Y. City traffic fee runs into dead end|url=https://www.nbcnews.com/id/wbna24016172|work=NBC News|agency=Associated Press|date=April 8, 2012|access-date=August 14, 2012}}

Congestion pricing for New York City was revived by the governor in 2017, adopted by the state legislature in 2019, and ultimately approved by the federal government in 2023.{{Cite news |last=Ley |first=Ana |date=2023-06-26 |title=Congestion Pricing Plan in New York City Clears Final Federal Hurdle |url=https://www.nytimes.com/2023/06/26/nyregion/nyc-congestion-pricing.html |access-date=2024-05-22 |work=The New York Times |language=en-US |issn=0362-4331}}

Doctoroff left city politics before the congestion pricing proposal failed and became president of Bloomberg L.P. in February 2008. Under Doctoroff's leadership, Bloomberg L.P. shifted its focus from providing financial information and analysis to its network of Terminal subscribers, to building a news organization targeted to a broader business audience. These efforts included the development of a strategy to increase the readership of Bloomberg.com, the acquisition of BusinessWeek and the creation of new subscription services Bloomberg Government and Bloomberg Law.

According to The New York Times, 85 percent of Bloomberg L.P.'s revenue comes from sales of its terminals, which then helps support the subscription-based news services.{{cite news|first=Jeremy R.|last=Peters|url=https://www.nytimes.com/2010/10/11/business/media/11bloombergnews.html|title=Bloomberg Plans a Data Service on the Business of Government|work=The New York Times|date=October 10, 2010}} The news operation employs 2,300 journalists in 146 bureaus and 72 countries.{{cite news|first=Jodi|last=Enda|url=http://www.ajr.org/Article.asp?id=5023|title=The Bloomberg Juggernaut|work=American Journalism Review|date=March 1, 2011|access-date=September 17, 2012|archive-url=https://web.archive.org/web/20121012203239/http://www.ajr.org/article.asp?id=5023|archive-date=October 12, 2012|url-status=dead}} In an interview with the American Journalism Review, Doctoroff describes a relationship where increasing the news audience helps increase the influence of the terminals and move the company closer to its goal of being "the most influential news organization in the world."

Under Doctoroff, Bloomberg L.P. surpassed rival Thomson Reuters in market share{{cite news|first=Michael|last=Baily|url=http://www.brw.com.au/p/sections/features/business_the_bloomberg_way_uYQJSZ7KHelcFQD3GVBkUJ?hl|title=Business the Bloomberg Way|work=BRW|date=July 2, 2012|access-date=September 17, 2012|archive-url=https://web.archive.org/web/20140222005552/http://www.brw.com.au/p/sections/features/business_the_bloomberg_way_uYQJSZ7KHelcFQD3GVBkUJ?hl|archive-date=February 22, 2014|url-status=dead}} and started to expand operations in countries with emerging markets, like hedge funds in Korea.{{cite news|last1=Kim|first1=Mi-ju|url=http://koreajoongangdaily.joinsmsn.com/news/article/article.aspx?aid=2955147|archive-url=https://archive.today/20130127112627/http://koreajoongangdaily.joinsmsn.com/news/article/article.aspx?aid=2955147|url-status=usurped|archive-date=January 27, 2013|title=Hedge Funds Catch Bloomberg's Eye|work=Korea JoongAng Daily|date=June 27, 2012}} In the wake of the Libor scandal, Doctoroff told the European Parliament that Bloomberg LP could develop an alternative index called the Bloomberg Interbank Offered Rate that would address regulators' concerns.{{cite news|first=Jill|last=Treanor|url=https://www.theguardian.com/business/2012/sep/28/libor-riggers-jailed-fsa-regulator?newsfeed=true|title=Libor riggers should be jailed, says FSA regulator|work=The Guardian|date=September 28, 2012}}{{cite news|first=Michelle|last=Price|url=http://www.efinancialnews.com/story/2012-09-28/libor-tender-puts-data-providers-in-spotlight|title=Libor tender puts focus on data providers|work=Financial News|date=September 28, 2012}}{{cite news|first=Spencer|last=Anderson|url=http://www.ifre.com/libor-role-to-go-to-private-group/21044127.article|title=Libor role to go to private group|work=International Financing Review|date=October 5, 2012}}

Doctoroff left Bloomberg L.P. in 2014, with Michael Bloomberg re-assuming the role of CEO.{{cite news|last=Mahler|first=Jonathan|url=https://www.nytimes.com/2014/09/05/business/media/bloomberg-returns-to-an-organization-looking-for-a-vision.html|title=Bloomberg Returns to an Organization Looking for a Vision|work=The New York Times|date=September 4, 2014|access-date=June 10, 2015}}

In 2015, Doctoroff and Google formed a start-up called Sidewalk Labs, focused on developing technology to improve urban life. Doctoroff is the CEO, and Alphabet (Google's holding company) is funding the company.{{cite news|last=Lohr|first=Steve|url=https://www.nytimes.com/2015/06/11/technology/sidewalk-labs-a-start-up-created-by-google-has-bold-aims-to-improve-city-living.html|title=Sidewalk Labs, a Start-Up Created by Google, Has Bold Aims to Improve City Living|work=The New York Times|date=June 10, 2015|access-date=June 10, 2015}}

In 2017 Sidewalk Labs announced a plan to get in on the redevelopment of a {{convert|12|acre|sqkm}} parcel of land on Toronto's waterfront, equipping the parcel with the latest technology for connecting people.{{Cite web|title=Sidewalk Labs pulls out of Toronto's Quayside project, blaming COVID-19|url=https://www.thestar.com/news/city_hall/2020/05/07/sidewalk-labs-pulling-out-of-quayside-project.html|last=Rider|first=David|date=2020-05-07|website=Toronto Star|language=en|access-date=2020-05-25}} The plan triggered some controversy, when first announced, and much greater controversy when the Labs suggested expanding its footprint to a much larger parcel under redevelopment. Critics voiced fears that residents and passersby would not realize how much privacy they were abandoning by entering the parcel.{{Cite web|title=Sidewalk Labs abandons ambitious waterfront project in Toronto|url=https://www.blogto.com/tech/2020/05/sidewalk-labs-abandons-ambitious-waterfront-project-toronto/|last=Miller|first=Mira|date=2020-05-07|website=BlogTO|language=en|access-date=2020-05-25}} Doctoroff announced the Labs were dropping their plans on May 7, 2020.{{Cite news|last1=Austen|first1=Ian|last2=Wakabayashi|first2=Daisuke|date=2020-05-07|title=Google Sibling Abandons Ambitious City of the Future in Toronto|language=en-US|work=The New York Times|url=https://www.nytimes.com/2020/05/07/world/americas/google-toronto-sidewalk-labs-abandoned.html|access-date=2020-05-25|issn=0362-4331}}

During his time at Sidewalk Labs, the company launched several companies, including: Replica, Sidewalk Infrastructure Partners, CityBlock Health, Pebble, Mesa, and Delve.

In December 2021, Doctoroff announced he was resigning as CEO as a result of developing symptoms that align with amyotrophic lateral sclerosis (ALS), from which his father and uncle died.{{Cite web |last=Doctoroff |first=Daniel L. |date=2021-12-16 |title=My next chapter: Fighting ALS |url=https://medium.com/sidewalk-talk/my-next-chapter-fighting-als-207ce7ca69c8 |access-date=2024-03-15 |website=Sidewalk Talk |language=en}} Doctors would later confirm the diagnosis of ALS, a neurodegenerative disease.[https://www.edelman.com/insights/indomitable-dan-doctoroff-fight-against-als The Indomitable Dan Doctoroff; The Fight Against ALS]

In February 2013, Doctoroff announced that he was working with Mike Bloomberg and Carlyle Group co-founder David Rubenstein to put together a $25 million donation to support research for finding a cure to Amyotrophic lateral sclerosis (ALS). Doctoroff's father died of ALS in 2002, and his uncle Michael died of ALS in 2010.{{cite news|last=Hartocollis|first=Anemona|title=With A.L.S. in Family, Chief at Bloomberg Joins Fight|url=https://www.nytimes.com/2013/02/07/nyregion/daniel-doctoroff-enlists-bloomberg-in-als-research.html|access-date=March 8, 2013|newspaper=The New York Times|date=February 6, 2013}}

In 2013, Doctoroff became President and Chairman of a non-profit organization created to build a new arts facility at Hudson Yards, originally known as Culture Shed. During his term as Deputy Mayor, Doctoroff led the process of site preservation for The Shed as part of the redevelopment of Manhattan's Far West Side. Doctoroff also led efforts to raise $636 million for the Shed's construction and launch, oversaw the construction of the building and led the search to recruit Alex Poots as the Shed's first CEO and artistic director. The Shed opened in 2019.{{cite news|title=New York Chased the Olympics. It Got the Shed Instead.|url=https://www.nytimes.com/2019/03/28/arts/music/the-shed-nyc.html|date=March 28, 2019|last=Cooper|first=Michael|website=New York Times}}{{cite news|title=City Allots $50 Million to Favored Arts Project|url=https://www.nytimes.com/2013/08/01/arts/city-allots-50-million-to-arts-project-tied-to-bloomberg-allies.html|date=July 31, 2013|last=Pogrebin|first=Robin|website=New York Times}}

In 2013, Doctoroff founded Target ALS, a medical research foundation, with Bloomberg Philanthropies and David Rubenstein, following the death of Doctoroff's father and uncle from Amyotrophic Lateral Sclerosis. He donated $10 million of his personal wealth to the foundation. Target ALS has funded Cambridge biotech Biogen's clinical trials of an experimental drug purchased from Karyopharm Therapeutics in 2018.{{Cite news|title=For Dan Doctoroff, funding ALS research is a family matter|url=https://www.bostonglobe.com/business/2019/04/26/for-dan-doctoroff-funding-als-research-family-matter/TEL9qgiTj8pffU5GKzqiLJ/story.html?event=event12|date=April 26, 2019|last=Saltzman|first=Jonathan|website=Boston Globe}} In late 2021, Doctoroff announced his own diagnosis with ALS, stating that he would "dedicate my life to battling this disease," beginning with a new $250 million fundraising effort.{{cite news|title='I Want to Try to Enjoy Every Day'|url=https://www.nytimes.com/2021/12/16/business/dealbook/doctoroff-als.html|date=December 16, 2021|website=New York Times}}

Doctoroff is a member of the board of directors of Bloomberg Philanthropies{{Cite web|url=http://www.bloomberg.org/about/board-of-directors/|title=Board of Directors|website=Bloomberg Philanthropies}} and is both founder and chair of the board of Target ALS.{{Cite news|url=https://www.nytimes.com/2013/02/07/nyregion/daniel-doctoroff-enlists-bloomberg-in-als-research.html|title=Daniel Doctoroff Enlists Bloomberg in A.L.S. Research|last=Hartocollis|first=Anemona|date=February 6, 2013|newspaper=The New York Times|issn=0362-4331|access-date=22 April 2016}}{{Cite web|url=http://newsroom.cumc.columbia.edu/blog/2013/02/07/dan-doctoroff-david-rubenstein-and-bloomberg-philanthropies-unveil-target-als/|title=Dan Doctoroff, David Rubenstein, and Bloomberg Philanthropies Unveil Target ALS|website=Columbia University Medical Center|date=February 7, 2013 |access-date=22 April 2016}}

Doctoroff is chairman and President of the board of directors of The Shed, the arts facility at the Hudson Yards development in New York City.{{cite web|title=Board of Directors|url=http://theshed.org/board-of-directors/|website=The Shed|access-date=September 18, 2017}}

In March 2015, Doctoroff was appointed to the United States Olympic Committee board of directors.{{cite web|title=Board of Directors|url=https://www.teamusa.org/About-the-USOC/Inside-the-USOC/Leadership/Board-of-Directors/Daniel-Doctoroff|archive-url=https://web.archive.org/web/20150322014635/http://www.teamusa.org/About-the-USOC/Inside-the-USOC/Leadership/Board-of-Directors/Daniel-Doctoroff|url-status=dead|archive-date=March 22, 2015|website=USOC|access-date=February 28, 2018}}

In September 2017, Doctoroff's book Greater Than Ever: New York's Big Comeback, was published by PublicAffairs/Hachette Book Group.

Doctoroff was a member of the advisory board for Neom, Saudi Arabia's plan to build a futuristic "mega city" in the desert.{{cite news |title=Top tech execs will help Saudi Arabia build its mega city of the future |url=https://edition.cnn.com/2018/10/10/tech/neom-city-investors/index.html |publisher=CNN |date=October 11, 2018}}{{cite news |title=Some Silicon Valley Superstars Ditch Saudi Advisory Board After Khashoggi Disappearance, Some Stay Silent |url=https://theintercept.com/2018/10/11/some-silicon-valley-superstars-ditching-saudi-advisory-board-after-khashoggi-disappearance-some-stay-silent/ |work=The Intercept |date=October 12, 2018}}

Doctoroff was included in 2024 Time's most influential people in health list.{{Cite web |last=Haupt |first=Angela |date=2024-05-02 |title=Dan Doctoroff |url=https://time.com/6963672/dan-doctoroff-2/ |access-date=2024-09-17 |website=TIME |language=en}}

After meeting at Harvard during their first year, Doctoroff married Alisa Robbins in 1981. He is Jewish, and in 2013 Alisa Robbins Doctoroff was appointed the president of the UJA-Federation of New York; previously she served as president of Congregation Or Zarua in Manhattan.{{cite web|url=http://www.ujafedny.org/our-leadership/|website=United Jewish Appeal Federation of New York|title=Leadership|access-date=June 26, 2014|archive-url=https://web.archive.org/web/20140712205832/http://www.ujafedny.org/our-leadership/|archive-date=12 July 2014|url-status=dead}} The couple has three children and resides in New York City.

In December 2021, Doctoroff announced he likely had ALS at the age of 63. He has since worked to raise money for research into the disease.{{cite web |last1=Maag |first1=Christopher |title=His Mind Helped Rebuild New York. His Body Is Failing Him. |url=https://www.nytimes.com/2023/09/06/nyregion/doctoroff-new-york-als.html |website=The New York Times |access-date=6 September 2023}}

Doctoroff is a second cousin of The New York Times domestic correspondent Katherine Rosman. His grandmother, Jennie Miller née Seeman, (1906-1992) was a sister of Rosman's grandmother, Mae Rosman née Seeman (1917-1987).

{{Reflist}}

• {{Official website|https://sidewalklabs.com/|name=Sidewalk Labs}}

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Category:1958 births

Category:American chief executives of financial services companies

Category:American publishing chief executives

Category:Bloomberg L.P. people

Category:Businesspeople from Newark, New Jersey

Category:Deputy mayors of New York City

Category:Harvard College alumni

Category:Living people

Category:People from Birmingham, Michigan

Category:University of Chicago Law School alumni

Category:People with motor neuron disease