Background
His father was a lawyer and apartment landlord while his mother was a public school teacher.
His father was a lawyer and apartment landlord while his mother was a public school teacher.
Lived in Bensonhurst until he was ten and then moved to Long Island, first to Elmont, New York and later Great Neck, New New York He has one brother, seven years his junior, former New York City Public Advocate Mark J. received a Bachelor from Hartwick College in 1959. He also obtained his Juris Doctor from Boston College Law School in 1962. worked as an attorney for several years before starting an import-export firm specializing in the sale of hair products from Asia.
He later sold that business and started a travel company that chartered airliners and sold ski vacations in the American West and Europe.
Giving this up, invested in waterfront property in Siesta Key, Florida and developed real estate, but eventually returned to New York City where he started investing in loft buildings. In 1980, formed SL Properties, Incorporated.
His strategy was to buy Class B office buildings, invest some money to redo their lobbies, facades and add other amenities and then raise the rents closer to Class A levels as older tenants moved out. This strategy was successful and SL Realty Corporation went public in 1997 trading on the New York Stock Exchange under the stock ticker of SLG. The company was the first Real Estate Investment Trust to be focused solely on Manhattan office properties.
According to the SL Realty Corporation website, the company has investment interests in 77 Manhattan office buildings comprising nearly 40 million square feet of space. made the lead gift toward fundraising efforts for the $9 million, 20,000-square-foot (1,900 m2) SL StreetSquash Center on West 115th Street in Harlem, which opened in 2008.