Stanley Stahl (1924–1999) was an American banker and real estate investor from New York City.
Stanley Stahl | |
|---|---|
| Born | June 16, 1924 New York City, U.S. |
| Died | August 5, 1999 (aged 75) New York City, U.S. |
| Alma mater | New York University |
| Occupation(s) | Banker, real estate investor |
| Spouse | 2, including Cherie Stahl |
| Children | 1 |
Early life
editStanley Stahl was born to a Jewish family on June 16, 1924, in New York City.[1][2][3] His father, Max Stahl, was a butcher in Brooklyn.[2][4] He had a sister, Beatrice Marans.[2]
Stahl graduated from New York University, where he received a bachelor's degree in accounting.[1][2] He served in the United States Army.[1]
Career
editStahl started his career as a real estate broker in Manhattan.[2] He invested in Manhattan real estate, eventually owning both 277 Park Avenue in Midtown Manhattan and the Ansonia on the Upper West Side.[2] He was also the co-owner of Broadway's Lunt-Fontanne Theatre with the Nederlander Organization.[4] In 1982, he acquired the AT&T Building on Madison Avenue in Midtown Manhattan.[4]
In 1969, Stahl co-founded Hirstan Associates, a real estate investment firm, with Abraham Hirschfeld.[4] They owned buildings in Sutton Place.[4] However, when Hirschfeld wanted out of the partnership in 1992, Stahl accused the latter of unfair profit distribution.[4] In retaliation, Stahl was accused of racial discrimination against tenants.[4] In 1998, Hirschfeld was indicted of hiring a hitman to murder Stahl in 1996.[2][4]
Stahl acquired the Apple Bank for Savings for US$174 million in a hostile takeover in 1990.[1] He was its sole owner.[2]
Personal life
editStahl was married twice. His second wife was named Cherie.[2] He had a son, Gregory Stahl, a stepson, Peter Neger, and a stepdaughter, Simi Matera.[2] Stahl was indicted of bribing an Internal Revenue Service agent and found guilty in 1977, but he won on appeal.[2]
Death
editStahl died of a stroke on August 5, 1999, in a hospital in New York City.[1][2]
References
edit- ^ a b c d e "Stanley Stahl: Real estate investor". The Day. August 5, 1999. Retrieved August 26, 2015.
- ^ a b c d e f g h i j k l Ravo, Nick (August 6, 1999). "Stanley Stahl, a Bank Owner And Real Estate Investor, 75". The New York Times. Retrieved August 26, 2015.
- ^ New York Times: "Paid Notice: Deaths STAHL, STANLEY August 8, 1999
- ^ a b c d e f g h Smith, Chris (August 2, 1999). "Crazy As He Wants To Be". The New York Magazine. Retrieved August 26, 2015.