HBC sees Burstell engaged in bringing innovative concepts to all of its divisions.
A product and marketing executive at Yves Saint Laurent, he will take over Isabelle Guichot's role.
Developers see a future in downtown revitalizations, retrofitting malls, building outlet centers and forming partnerships overseas.
The executive, who is a breast-cancer survivor, delivered an incredibly frank speech after receiving the Spirit of Life Award.
The foundation on Monday unveiled details of its proposal for the 19th-century Galleria Vittorio Emanuele II.
Last year, the designer inked a sponsorship agreement with CONI, the Italian National Olympic Committee, to design the official uniforms.