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Ted Lerner

Theodore Nathan Lerner (October 15, 1925 – February 12, 2023) was an American real estate developer, and managing principal owner of the Washington Nationals baseball team.[1] He was the founder of the real estate company Lerner Enterprises, the largest private landowner in the Washington metropolitan area, which owns commercial, retail, residential, and hotel properties, as well as Chelsea Piers in New York City.[2] In 2015, Forbes magazine named him the richest person in Maryland.[3]

Ted Lerner
Born
Theodore Nathan Lerner

(1925-10-15)October 15, 1925
Washington, D.C., U.S.
DiedFebruary 12, 2023(2023-02-12) (aged 97)
EducationGeorge Washington University (AA, LLB)
Occupation(s)Managing principal owner of the Washington Nationals and Lerner Enterprises
Spouse
Annette Lerner
(m. 1951)
Children3, including Mark

Early life and education

Lerner was raised in an Orthodox Jewish family in Northwest Washington D.C.,[4][5] the eldest of three children born to Mayer, a 1921 emigrant from Palestine, and Ethel, who emigrated from Lithuania.[4] He attended Raymond Elementary School, McFarland Junior High, and graduated from Roosevelt High School in 1944.[4]

Lerner served with the U.S. Army as a typist during the latter part of World War II.[4] Using the G.I. Bill, he attended George Washington University, where he received first an Associate of Arts and then an L.L.B. from the George Washington University Law School in 1949.[4] While in law school, he sold homes on the weekends, which piqued his interest in real estate.[4]

Career

In 1952, Lerner borrowed $250 from his wife and founded the real estate company Lerner Enterprises in Rockville, Maryland.[6] Among the Lerner Enterprises ventures is a partnership in Chelsea Piers, a 30-acre (12 ha) sports and entertainment complex on the Hudson River in New York City; the Tysons II commercial development; shopping centers including White Flint and Dulles Town Center; and thousands of homes and apartments, along with numerous office buildings. Lerner also played a role in developing other shopping centers in the Washington area, including Tysons Corner Center and Wheaton Plaza.[7][8]

The headquarters of Lerner Enterprises in Rockville was the first Leadership in Energy and Environmental Design (LEED) platinum certified multi-tenant commercial building in the D.C. area and has been the recipient of multiple design and environmental awards.[9]

Washington Nationals

The Washington Nationals franchise (then known as the Montreal Expos) was formerly owned and operated by Major League Baseball from February 15, 2002, until the official transfer of ownership to Lerner on July 24, 2006.[10] The Lerner family is the majority owner of the franchise, controlling over 90% of the shares. Lerner retired as managing principal owner in 2018, ceding the role to his son, Mark D. Lerner.[1] Under Lerner's ownership, the Nationals won four National League East division championships and appeared in the postseason five times.[11] Lerner won a World Series ring when the Nationals defeated the Houston Astros in the 2019 World Series.[12]

Monumental Sports & Entertainment

The Lerner family is also a partner in Monumental Sports & Entertainment, which owns the Washington Capitals of the National Hockey League, the Washington Mystics of the Women's National Basketball Association, the Washington Wizards of the National Basketball Association, and Capital One Arena.[13]

Philanthropy and accolades

The Annette M. and Theodore N. Lerner Family Foundation provides support to many organizations, including: Food & Friends; The Hebrew University of Jerusalem; Shady Grove Adventist Hospital; Hadley's Park; the Weizmann Institute of Science; the Scleroderma Foundation of Greater Washington; YouthAids; Junior Achievement of the Greater Washington Area; the Charles E. Smith Jewish Day School; and the Jewish Community Center of Greater Washington, among many others. Ted and his wife Annette are founding members of the United States Holocaust Memorial Museum in Washington, D.C. The American Academy of Achievement awarded Ted Lerner the Golden Plate Award of Excellence in 1990.[14][15]

The campus of the Charles E. Smith Jewish Day School in Rockville is named in his and his wife's honor after a multimillion-dollar donation to the school. The lunch room in the Melvin J. Berman Hebrew Academy was donated by the Lerner Family. The family has also donated the Lerner Family Health and Wellness Center and Theodore Lerner Hall at George Washington University in Washington, D.C. along with the Lerner Center at Hebrew University in Israel. The family donated the theater at Imagination Stage in Bethesda, Maryland.[16]

Notable achievements include:

  • 1990 American Academy of Achievement's Golden Plate Award of Excellence[17]
  • Elected to the Washington Business Hall of Fame by Junior Achievement of the National Capital Area in 2003[18]
  • Elected to the Jewish Community Center of Greater Washington Sports Hall of Fame in 2007[18]
  • Elected to the Washington DC Sports Hall of Fame in 2015[18]

Personal life and death

On June 17, 1951, he married Annette M. Lerner. They had three children: Mark D. Lerner (married to Judy Lenkin Lerner), Debra Lerner Cohen (married to Edward L. Cohen) and Marla Lerner Tanenbaum (married to Robert K. Tanenbaum).[19] Ted Lerner had nine grandchildren and 11 great-grandchildren.[20]

His daughter, Marla Lerner Tanenbaum, is chair of The Annette M. and Theodore N. Lerner Family Foundation and chair of the Washington Nationals Philanthropies and the Washington Nationals Youth Baseball Academy. The family are the sole owners and heirs of Lerner Enterprises.[21]

Lerner died from pneumonia at home in Chevy Chase, Maryland, on February 12, 2023, at age 97.[20]

References

  1. ^ a b Svrluga, Barry (June 14, 2018). "Nationals owner Ted Lerner, 92, to cede control of club to his son, Mark". The Washington Post.
  2. ^ Paul Toscano. . CNBC. Archived from the original on January 10, 2015. Retrieved April 7, 2014.
  3. ^ "The Richest Americans By State: Maryland", Forbes, 2015, retrieved December 4, 2015
  4. ^ a b c d e f The Washingtonian: "Ted Lerner Plays Ball – The dealmaker and family man has realized a dream: He owns Washington's baseball team. Here's how he got to where he is—and where the team goes from here" By Harry Jaffe June 1, 2007
  5. ^ Jerusalem Post: "Ted Lerner buys the Nationals: A leading Washington Jewish community member is at the head of a group which has bought the city's baseball team" by Nathan Guttman July 29, 2012
  6. ^ "The World's Billionaires – Ted Lerner", Forbes, January 2014
  7. ^ "Bloomberg Billionaires Index – Ted Lerner". Bloomberg. Bloomberg.com. Retrieved February 13, 2023.
  8. ^ "The 30-Year Legal Battle Between the Owner of the Washington Nationals and His Estranged Brother". Washingtonian. April 11, 2016. Retrieved February 13, 2023.
  9. ^ . Nbm.org. Archived from the original on April 8, 2014. Retrieved April 7, 2014.
  10. ^ ""Lerner Group finalizes purchase of Washington Nationals," Washington Nationals press release, Monday, July 24, 2006". Washington.nationals.mlb.com. Retrieved April 7, 2014.
  11. ^ Svrluga, Barry. "The Lerner family will explore selling the Washington Nationals". Washington Post. Retrieved August 28, 2022.
  12. ^ Svrluga, Barry. "For owner Ted Lerner, Nationals' World Series berth is a family celebration". washingtonpost.com. WP, LLC. Retrieved August 19, 2022.
  13. ^ Goldstein, Richard (February 13, 2023). "Ted Lerner, Developer Who Bought and Built the Washington Nationals, Dies at 97 – The New York Times". The New York Times. Retrieved February 13, 2023.
  14. ^ "About the Academy". www.achievement.org. American Academy of Achievement.
  15. ^ . Lerner.com. Archived from the original on September 25, 2014. Retrieved April 7, 2014.
  16. ^ Jessica Camerato (February 13, 2023). "Nationals owner Ted Lerner dies at 97". MLB. Retrieved February 13, 2023.
  17. ^ "Golden Plate Awardees of the American Academy of Achievement". www.achievement.org. American Academy of Achievement.
  18. ^ a b c "Washington Nationals owner Ted Lerner dead at 97". wusa9.com. January 13, 2023. Retrieved February 13, 2023.
  19. ^ Washington Post: "After 17 Months, Baseball Introduces Nats' Owners" By Thomas Heath and David Nakamura May 4, 2006
  20. ^ a b "Ted Lerner, real estate magnate and Nationals owner, dies at 97". The Washington Post. February 13, 2023. Retrieved February 13, 2023.
  21. ^ "Who owns Washington Nationals? Daughter reflects on team success". wusa9.com. October 30, 2019. Retrieved February 13, 2023.

External links

  • Lerner Enterprises
  • Washington Post article – Behind a Wall of Silence, Lerner Has Built an Empire
  • Washington Post article – A Family That Plays Hardball
  • Washington Post article – A Dynasty of Closed Ranks

lerner, theodore, nathan, lerner, october, 1925, february, 2023, american, real, estate, developer, managing, principal, owner, washington, nationals, baseball, team, founder, real, estate, company, lerner, enterprises, largest, private, landowner, washington,. Theodore Nathan Lerner October 15 1925 February 12 2023 was an American real estate developer and managing principal owner of the Washington Nationals baseball team 1 He was the founder of the real estate company Lerner Enterprises the largest private landowner in the Washington metropolitan area which owns commercial retail residential and hotel properties as well as Chelsea Piers in New York City 2 In 2015 Forbes magazine named him the richest person in Maryland 3 Ted LernerBornTheodore Nathan Lerner 1925 10 15 October 15 1925Washington D C U S DiedFebruary 12 2023 2023 02 12 aged 97 Chevy Chase Maryland U S EducationGeorge Washington University AA LLB Occupation s Managing principal owner of the Washington Nationals and Lerner EnterprisesSpouseAnnette Lerner m 1951 wbr Children3 including Mark Contents 1 Early life and education 2 Career 2 1 Washington Nationals 2 2 Monumental Sports amp Entertainment 3 Philanthropy and accolades 4 Personal life and death 5 References 6 External linksEarly life and education EditLerner was raised in an Orthodox Jewish family in Northwest Washington D C 4 5 the eldest of three children born to Mayer a 1921 emigrant from Palestine and Ethel who emigrated from Lithuania 4 He attended Raymond Elementary School McFarland Junior High and graduated from Roosevelt High School in 1944 4 Lerner served with the U S Army as a typist during the latter part of World War II 4 Using the G I Bill he attended George Washington University where he received first an Associate of Arts and then an L L B from the George Washington University Law School in 1949 4 While in law school he sold homes on the weekends which piqued his interest in real estate 4 Career EditIn 1952 Lerner borrowed 250 from his wife and founded the real estate company Lerner Enterprises in Rockville Maryland 6 Among the Lerner Enterprises ventures is a partnership in Chelsea Piers a 30 acre 12 ha sports and entertainment complex on the Hudson River in New York City the Tysons II commercial development shopping centers including White Flint and Dulles Town Center and thousands of homes and apartments along with numerous office buildings Lerner also played a role in developing other shopping centers in the Washington area including Tysons Corner Center and Wheaton Plaza 7 8 The headquarters of Lerner Enterprises in Rockville was the first Leadership in Energy and Environmental Design LEED platinum certified multi tenant commercial building in the D C area and has been the recipient of multiple design and environmental awards 9 Washington Nationals Edit The Washington Nationals franchise then known as the Montreal Expos was formerly owned and operated by Major League Baseball from February 15 2002 until the official transfer of ownership to Lerner on July 24 2006 10 The Lerner family is the majority owner of the franchise controlling over 90 of the shares Lerner retired as managing principal owner in 2018 ceding the role to his son Mark D Lerner 1 Under Lerner s ownership the Nationals won four National League East division championships and appeared in the postseason five times 11 Lerner won a World Series ring when the Nationals defeated the Houston Astros in the 2019 World Series 12 Monumental Sports amp Entertainment Edit The Lerner family is also a partner in Monumental Sports amp Entertainment which owns the Washington Capitals of the National Hockey League the Washington Mystics of the Women s National Basketball Association the Washington Wizards of the National Basketball Association and Capital One Arena 13 Philanthropy and accolades EditThe Annette M and Theodore N Lerner Family Foundation provides support to many organizations including Food amp Friends The Hebrew University of Jerusalem Shady Grove Adventist Hospital Hadley s Park the Weizmann Institute of Science the Scleroderma Foundation of Greater Washington YouthAids Junior Achievement of the Greater Washington Area the Charles E Smith Jewish Day School and the Jewish Community Center of Greater Washington among many others Ted and his wife Annette are founding members of the United States Holocaust Memorial Museum in Washington D C The American Academy of Achievement awarded Ted Lerner the Golden Plate Award of Excellence in 1990 14 15 The campus of the Charles E Smith Jewish Day School in Rockville is named in his and his wife s honor after a multimillion dollar donation to the school The lunch room in the Melvin J Berman Hebrew Academy was donated by the Lerner Family The family has also donated the Lerner Family Health and Wellness Center and Theodore Lerner Hall at George Washington University in Washington D C along with the Lerner Center at Hebrew University in Israel The family donated the theater at Imagination Stage in Bethesda Maryland 16 Notable achievements include 1990 American Academy of Achievement s Golden Plate Award of Excellence 17 Elected to the Washington Business Hall of Fame by Junior Achievement of the National Capital Area in 2003 18 Elected to the Jewish Community Center of Greater Washington Sports Hall of Fame in 2007 18 Elected to the Washington DC Sports Hall of Fame in 2015 18 Personal life and death EditOn June 17 1951 he married Annette M Lerner They had three children Mark D Lerner married to Judy Lenkin Lerner Debra Lerner Cohen married to Edward L Cohen and Marla Lerner Tanenbaum married to Robert K Tanenbaum 19 Ted Lerner had nine grandchildren and 11 great grandchildren 20 His daughter Marla Lerner Tanenbaum is chair of The Annette M and Theodore N Lerner Family Foundation and chair of the Washington Nationals Philanthropies and the Washington Nationals Youth Baseball Academy The family are the sole owners and heirs of Lerner Enterprises 21 Lerner died from pneumonia at home in Chevy Chase Maryland on February 12 2023 at age 97 20 References Edit a b Svrluga Barry June 14 2018 Nationals owner Ted Lerner 92 to cede control of club to his son Mark The Washington Post Paul Toscano The 10 Richest MLB Owners CNBC Archived from the original on January 10 2015 Retrieved April 7 2014 The Richest Americans By State Maryland Forbes 2015 retrieved December 4 2015 a b c d e f The Washingtonian Ted Lerner Plays Ball The dealmaker and family man has realized a dream He owns Washington s baseball team Here s how he got to where he is and where the team goes from here By Harry Jaffe June 1 2007 Jerusalem Post Ted Lerner buys the Nationals A leading Washington Jewish community member is at the head of a group which has bought the city s baseball team by Nathan Guttman July 29 2012 The World s Billionaires Ted Lerner Forbes January 2014 Bloomberg Billionaires Index Ted Lerner Bloomberg Bloomberg com Retrieved February 13 2023 The 30 Year Legal Battle Between the Owner of the Washington Nationals and His Estranged Brother Washingtonian April 11 2016 Retrieved February 13 2023 The Tower Companies Nbm org Archived from the original on April 8 2014 Retrieved April 7 2014 Lerner Group finalizes purchase of Washington Nationals Washington Nationals press release Monday July 24 2006 Washington nationals mlb com Retrieved April 7 2014 Svrluga Barry The Lerner family will explore selling the Washington Nationals Washington Post Retrieved August 28 2022 Svrluga Barry For owner Ted Lerner Nationals World Series berth is a family celebration washingtonpost com WP LLC Retrieved August 19 2022 Goldstein Richard February 13 2023 Ted Lerner Developer Who Bought and Built the Washington Nationals Dies at 97 The New York Times The New York Times Retrieved February 13 2023 About the Academy www achievement org American Academy of Achievement Lerner Enterprises Lerner com Archived from the original on September 25 2014 Retrieved April 7 2014 Jessica Camerato February 13 2023 Nationals owner Ted Lerner dies at 97 MLB Retrieved February 13 2023 Golden Plate Awardees of the American Academy of Achievement www achievement org American Academy of Achievement a b c Washington Nationals owner Ted Lerner dead at 97 wusa9 com January 13 2023 Retrieved February 13 2023 Washington Post After 17 Months Baseball Introduces Nats Owners By Thomas Heath and David Nakamura May 4 2006 a b Ted Lerner real estate magnate and Nationals owner dies at 97 The Washington Post February 13 2023 Retrieved February 13 2023 Who owns Washington Nationals Daughter reflects on team success wusa9 com October 30 2019 Retrieved February 13 2023 External links EditLerner Enterprises Washington Post article Behind a Wall of Silence Lerner Has Built an Empire Washington Post article A Family That Plays Hardball Washington Post article A Dynasty of Closed Ranks Retrieved from https en wikipedia org w index php title Ted Lerner amp oldid 1140062921, wikipedia, wiki, book, books, library,

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