Stephen Lawrence Green[1] (born January 28, 1938)[2][3][4] is an American real estate developer. He is the founder and former Chairman of SL Green Realty Corp., which claims to be Manhattan’s largest owner of office buildings.[5] He retired in January 2019 and is now Chairman emeritus.[2][3] He served as chairman of the company since 1997.[2][3] Marc Holliday succeeded him as chairman.[2][3]
Green worked as an attorney in Houston, Texas for Vinson & Elkins 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.[6] Giving this up, invested in waterfront property in Siesta Key, Florida and developed real estate,[6] but eventually returned to New York City, where he started investing in loft buildings.[citation needed]
Career
In 1980, Green formed SL Green Properties, Inc.[7] 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.[6] This strategy was successful and SL Green Realty Corp. went public in 1997 trading on the New York Stock Exchange under the stock ticker of SLG. The company was the first REIT to be focused solely on Manhattan office properties.[8] According to the SL Green Realty Corp. website, the company has investment interests in 77 Manhattan office buildings comprising nearly 40 million square feet of space.[9]
In 2007, he bought Air America radio network and appointed his brother Mark Green as the network's president.[10][11]
Personal life
Green married Sandra Elaine Turboff (now Sandy Garfunkel) on Jun 21, 1961.[12][13] They had three sons, Daniel Eric, Gary Michael, and Scott Tucker Green. Green is now married to Nancy Ann Peck, who runs Nancy Peck & Co, an interior design company.[14] Nancy has a son by a previous marriage, Jonathan Peck.[15]
Green made the lead gift toward fundraising efforts for the $9 million, 20,000-square-foot (1,900 m2) SL Green StreetSquash Center on West 115th Street in Harlem, which opened in 2008.[16][17]
References
^ ab"Boston College Bulletin, Law, 1963". Boston College. p. 22. Retrieved December 21, 2017.
^ abcdSL Green Founder Stephen Green Steps Down as Chairman
^"Nancy Peck & Co.", Bloomberg; accessed May 17, 2016.
^Profile 2011-05-25 at the Wayback Machine, Bookrags.com; accessed December 21, 2017.
^SL Green StreetSquash Center to Open in Harlem[permanent dead link], marketwatch.com, November 19, 2008.
^Grand Opening of the SL Green StreetSquash Center 2012-04-15 at the Wayback Machine, streetsquash.org, November 20, 2008.
External links
April 14, 2023
stephen, green, stephen, lawrence, green, born, january, 1938, american, real, estate, developer, founder, former, chairman, green, realty, corp, which, claims, manhattan, largest, owner, office, buildings, retired, january, 2019, chairman, emeritus, served, c. Stephen Lawrence Green 1 born January 28 1938 2 3 4 is an American real estate developer He is the founder and former Chairman of SL Green Realty Corp which claims to be Manhattan s largest owner of office buildings 5 He retired in January 2019 and is now Chairman emeritus 2 3 He served as chairman of the company since 1997 2 3 Marc Holliday succeeded him as chairman 2 3 Stephen L GreenBornStephen Lawrence Green 1938 01 28 January 28 1938 age 85 NationalityAmericanEducationHartwick College BA Boston College LLB OccupationReal estate developerKnown forfounder of SL Green RealtySpouse s Sandra Turboff divorced Nancy PeckChildren3FamilyMark J Green brother Scott T Green son Signature Contents 1 Early life and education 2 Career 3 Personal life 4 Philanthropy 5 References 6 External linksEarly life and education EditGreen lived in Bensonhurst Brooklyn until he was ten and then moved to Nassau County Long Island 6 His father was a lawyer and landlord while his mother was a teacher 6 His parents were both Republicans He has one brother seven years his junior former New York City Public Advocate Mark J Green 6 Green received a BA from Hartwick College 6 in 1959 and during his time there he was a member of the Alpha Delta Omega fraternity He received his Bachelor of Laws from Boston College Law School in 1962 1 Green worked as an attorney in Houston Texas for Vinson amp Elkins 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 6 Giving this up invested in waterfront property in Siesta Key Florida and developed real estate 6 but eventually returned to New York City where he started investing in loft buildings citation needed Career EditIn 1980 Green formed SL Green Properties Inc 7 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 6 This strategy was successful and SL Green Realty Corp went public in 1997 trading on the New York Stock Exchange under the stock ticker of SLG The company was the first REIT to be focused solely on Manhattan office properties 8 According to the SL Green Realty Corp website the company has investment interests in 77 Manhattan office buildings comprising nearly 40 million square feet of space 9 In 2007 he bought Air America radio network and appointed his brother Mark Green as the network s president 10 11 Personal life EditGreen married Sandra Elaine Turboff now Sandy Garfunkel on Jun 21 1961 12 13 They had three sons Daniel Eric Gary Michael and Scott Tucker Green Green is now married to Nancy Ann Peck who runs Nancy Peck amp Co an interior design company 14 Nancy has a son by a previous marriage Jonathan Peck 15 Green is Jewish and participated in the 1985 Maccabiah Games and 1989 Maccabiah Games in Israel winning a bronze medal in squash in 1985 8 Philanthropy EditGreen made the lead gift toward fundraising efforts for the 9 million 20 000 square foot 1 900 m2 SL Green StreetSquash Center on West 115th Street in Harlem which opened in 2008 16 17 References Edit a b Boston College Bulletin Law 1963 Boston College p 22 Retrieved December 21 2017 a b c d SL Green Founder Stephen Green Steps Down as Chairman a b c d Steve Green steps down as REIT boss United States Public Records 1970 2009 New York 2009 Stephen L Green a b c d e f g Different Lives Different Politics But Greens Unite in Mayor s Race nytimes com August 13 2001 Leaders Magazine An Interview with Stephen L Green Chairman of the Board SL Green Realty Corp October November December 2012 a b Stephen Green amp Jeff Sutton Buy Out 650 Fifth Avenue Tenant Juicy Couture for 51 Million jewishbusinessnews co November 21 2013 Stephen L Green biography Archived 2009 02 06 at the Wayback Machine Slgreen com accessed December 21 2017 SL Green chairman s latest acquisition Not a building but Air America Radio Archived 2008 07 18 at the Wayback Machine westfairinc com January 29 2007 Louise Story Air America to Be Acquired by New York Investor nytimes com January 30 2007 https www ancestry com search categories np newspapers name Sandra Turboff amp name x 1 1 user generated source Shanal Turboff Obituary 2007 Houston Chronicle Legacy com Nancy Peck amp Co Bloomberg accessed May 17 2016 Profile Archived 2011 05 25 at the Wayback Machine Bookrags com accessed December 21 2017 SL Green StreetSquash Center to Open in Harlem permanent dead link marketwatch com November 19 2008 Grand Opening of the SL Green StreetSquash Center Archived 2012 04 15 at the Wayback Machine streetsquash org November 20 2008 External links EditStephen L Green Biography from SL Green Realty Corp Retrieved from https en wikipedia org w index php title Stephen L Green amp oldid 1142289279, wikipedia, wiki, book, books, library,
