Larry Silverstein

Early Life

Larry A. Silverstein was born in Brooklyn, New York, in 1931. He attended the High School of Music and Art and New York University, graduating in 1952. After college, he worked with his father in real estate, learning the fundamentals of the business from a young age. He also attended classes at Brooklyn Law School.

Rise to Success

Silverstein's career took off when he founded Silverstein Properties in 1957. The company initially focused on acquiring and managing properties in Manhattan. A pivotal moment came in 2001 when Silverstein won a 99-year lease on the World Trade Center just weeks before the September 11th attacks.

Key Business Strategies

Silverstein's success is a result of strategic partnerships, an eye for opportunity, and a long-term vision. He is also known for his persistence, particularly in the rebuilding of the World Trade Center, where he faced numerous challenges and legal battles. Silverstein's ability to secure financing and navigate complex real estate deals has been key to his long-term success.

Philanthropy

Silverstein and his wife, Klara, are known for their philanthropy, supporting education, medical research, and cultural institutions. Notably, they have made substantial contributions to Hunter College and New York University School of Medicine. He has also served on the boards of various organizations, including the United Jewish Appeal and the Museum of Jewish Heritage.