Michael Brady leaves post as leader of South Bronx’s Third Avenue BID


It’s the first week in seven years that Michael Brady isn’t the CEO of the Third Avenue Business Improvement District (BID).

Brady, whose last day was Wednesday, stepped down from the role, saying it’s time for new leadership.

“I’m tired,” he said with a laugh.

His general rule of thumb is that it’s time to move on after six or seven years in a position, he added.

“I’m still going to be around, I’m just approaching it from a different lens,” said Brady, 39. “I don’t want to be in the way of progress, and after seven years of leading an organization, it’s time for a new leader to come in with the same energy that I had seven years ago and keep it moving, keep it going.”

After he takes a break, Brady plans to be involved with three or four large-scale development projects, do some consulting work and continue his involvement with the Bronx Chamber of Commerce. Now a longtime South Bronx resident, he also co-owns Bar 47 on Bruckner Boulevard.