Leonard Litwin

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Leonard Litwin
Born(1914-10-16)October 16, 1914
New York City, New York, U.S.
DiedApril 2, 2017(2017-04-02) (aged 102)
Melville, New York
, U.S.
CitizenshipUnited States
Occupationreal estate developer
SpouseRuth Litwin
ChildrenCarole Litwin Pittelman
Diane Litwin Miller

Leonard Litwin (October 16, 1914 – April 2, 2017)

residential construction. His firm currently owns and operates about twenty-four buildings in Manhattan.[2] and rents about 4,200 high-end units.[3] His buildings have a reputation for being well-built and managed.[4]

Biography

Born to a

Jewish family,[5] Litwin began his career in the nursery business with his father.[3] In the 1950s, however, Litwin became interested in real estate development and began building high-rise apartment buildings on Manhattan's Upper East Side. In the 1960s Litwin built what was then city's largest luxury high rise, The Pavilion.[3] His Liberty Plaza, a 45-story apartment rental complex, was the first new building to rise in Manhattan after the September 11 attacks.[6]

In 2006, Litwin ranked number 374 on the Forbes 400, with a net worth of approximately $1 billion. In 2007, he had dropped to number 891, with a net worth of still around $1 billion.

Bernard L. Madoff Securities in a court filing in February 2009.[5]

Philanthropy and political activities

Notwithstanding his success in real estate, Litwin remained in the nursery business, operating Woodbourne Cultural Nurseries, Inc., in Melville, on

The Feinstein Institute for Medical Research[8] in Manhasset, New York, and substantially supported research at several hospitals. Additionally, Litwin established The Litwin Foundation.[9]

In 2012, at age 97, he was rated as the highest individual donor to

Peter Vallone's campaign in 2000.[11] In 2017, the Crohn’s & Colitis Foundation renamed its Broad Medical Research Program to the Litwin IBD Pioneers Initiative after Litwin for his lifelong support for the IBD community.[12]

Personal life

Litwin was married to Ruth Litwin; she died in 2014.[13] They had two daughters: Carole Litwin Pittelman, acting as the company’s president, and Diane Litwin Miller.[14]

Leonard Litwin died on April 2, 2017, at the age of 102.[15]

See also

  • List of investors in Bernard L. Madoff Securities

References

  1. ^ Litwin, Leonard. "United States Public Records Index". familysearch.org. Retrieved November 17, 2013.
  2. ^ Glenwood.com
  3. ^ a b c d Forbes: The 400 Richest Americans - Leonard Litwin October 2007
  4. ^ a b "Leonard Litwin: Nurseryman turned Developer". rooftoplinnaeus.blogspot.com.
  5. ^ a b New York Magazine: "Charities, Old People, Jews Hit Hardest by Madoff Fraud" By Jessica Pressler December 15, 2008
  6. ^ The Real Deal: "Glenwood’s Litwin named REBNY’s first-ever lifetime honorary chairman" April 25, 2012
  7. ^ "Alzheimer's Disease & Memory Disorders - The Feinstein Institute for Medical Research". feinsteininstitute.org.
  8. ^ "The Feinstein Institute for Medical Research - Northwell Health". The Feinstein Institute for Medical Research.
  9. ^ dynamodata.fdncenter.org Archived October 3, 2013, at archive.today
  10. ^ a b c New York Post: "‘Old’ money" by Erik Kriss February 1, 2012
  11. ^ villagevoice.com: "Campaign Cash - Vallone Leads Pack in Real Estate Dollars" By J.A. Lobbia January 25, 2000
  12. ^ "Crohn's & Colitis Foundation Receives $5 Million Donation to Fund IBD Research". ibdnewstoday.com. November 2, 2017.
  13. ^ New York Times: "RUTH LITWIN - Obituary August 11, 2014
  14. ^ New York Press: "Housing for Generations" October 9, 2009
  15. ^ Leonard Litwin, New York Real Estate Mogul, Dies at 102. The New York Times. Retrieved April 3, 2017.
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