Background
Cohen was born to a Jewish family in Brooklyn, New York, the son of Frances (née Kostick) and Louis D. Cohen He received a Bachelor of Arts from the University of Miami and his Juris Doctor from the New York Law School.
Cohen was born to a Jewish family in Brooklyn, New York, the son of Frances (née Kostick) and Louis D. Cohen He received a Bachelor of Arts from the University of Miami and his Juris Doctor from the New York Law School.
Arlen Realty & Development Corporation
Cohen became involved in real estate through founding Arlen Realty & Development Corporation with Arthur North. Levien in 1959. Serving as Arlen"s Chairman, Cohen began by developing suburban shopping centers throughout the country, and in 1971 he purchased the national discount retail chain East.J. Korvette. By 1975 Arlen owned and managed over 42,000,000 square feet (3,900,000 m2) of shopping centers, and was the largest publicly traded Real Estate Investment Trust in the nation.
Beginning in 1967, Arlen partnered with Donald Soffer"s Turnberry Associates in developing the City of Aventura, Florida.
In 1975, Arlen partnered with Aristotle Onassis to build Olympic Tower on Fifth Avenue. Other prominent Arlen buildings included their corporate headquarters 888 7th Avenue, 1500 Broadway and 1501 Broadway in Times Square, 1166 Avenue of the Americas, 800 Third Avenue, 100 Wall Street, and the Westyard Building at 450 West 33rd Street.
Additional Investments
In addition to Arlen, Cohen has continued to invest within the United States in real estate, lodging, restaurants, aviation, and manufacturing industries. Some projects include the development of the David Childs designed Worldwide Plaza and the Crowne Plaza Hotel in Times Square with William Zeckendorf Junior., the Peninsula Hotel in New York City, the Hotel Pennsylvania, the Whitehall Building in Battery Park, Fifth Avenue Tower, The Taft Hotel and Manhattan Mall.
Cohen partnered with hotellier Ian Schrager in creating some of the first boutique hotels in New York City at a time in which Schrager had much difficulty attracting more conventional sources of financing.
Corporate Involvement
Cohen is a former director of Citicorp (now part of Citigroup New York Stock Exchange: C),the Home Title Division of the Chicago Title Insurance Company (now part of Fidelity National Financial New York Stock Exchange:FNF), and the John Hancock Mutual Fund. He has also served on the board of directors and been part of the ownership group for the 1988 Leveraged Buyout of Braniff Airlines as well as for the 1989 Leveraged Buyout of national restaurant chain Houlihan"s and Darryl"son Cohen is a former trustee of Brandeis University, New York Law School, Long Island Jewish Medical Center and the Albert Einstein College of Medicine.
Cohen has received an honorary degree from Long Island University.
Cohen was married to Karen Bassine from Great Neck, New New York They had five daughters: Lauren Reddington, Susan Siegel, Debra Duran, Rochelle Rosenberg and Kathy Horowitz.
Cohen died on August 9, 2014 in Kings Point, New New York He was 84.