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Benjamin Winter, Sr. : ウィキペディア英語版
Benjamin Winter

Benjamin Winter, Sr. (1882-1944) was a real estate developer in New York City and founder of Winter Incorporated.
Winter served as president of the American Federation of Polish Jews.〔(New York Times: "Dr. Joseph Tenenbaum was elected to succeed the late Benjamin Winter as president of the American Federation of Polish Jews" ) June 19, 1944〕
==Biography==
Born in Poland to a Jewish family, Winter emigrated in 1901 to New York City following his father who had arrive the prior year.〔(Real Estate Weekly: "Great Real Estate Families" ) August 20, 2005〕〔 Miller, Donald L. (Supreme City: How Jazz Age Manhattan Gave Birth to Modern America )〕〔(New Yorker: "Benjamin Winter" ) May 8, 1926〕〔 Busch, Niven (21 Americans )〕 His father took on a tour of Manhattan, showing him the lavish Vanderbilt and Astor houses which Winter was to eventually own.〔(Canadian Jewish Chronicle: "My Rise to Fifth Avenue" by Benjamin Winter ) October 15, 1926〕〔 After saving for twelve years,〔 in 1912,〔 Winter used the proceeds as a painter of tenements to invest in real estate〔(Winter Properties website: History ) retrieved October 12, 2014〕 first purchasing tenements on his own in lower Manhattan〔 and in 1913, he partnered with Scotch-Irishman Andrew O'Brien and expanded into Washington Heights where they purchased their first apartment building.〔 After great success, he was able to go it alone borrowing from fellow Polish Jews and investing in mid-Manhattan where he targeted the great mansions of Fifth Avenue for redevelopment.〔〔(New York Times: "FIFTH AVENUE CHANGES HAVE THEIR PHILOSOPHY; BENJAMIN WINTER" By C.G. POORE ) September 16, 1928 | ''Whose Real Estate Deals Caused Famous old Mansions to Be Torn Down for Skyscrapers, Views His Work as a apart of the City's Progress''〕 In 1925, he purchased the Mrs. William B. Astor House and later demolished it;〔 in 1929, it was replaced with the new Congregation Emanu-El of New York〔(Time: "Religion: Temple" ) December 07, 1925〕 (In 1926, Winter had previously purchased〔(New York Times: "WINTER BUYS BACK TEMPLE EMANU-EL; Ward Drops Deal for 5th Av. and 43d St. Property and Loses $450,000 in Settlement. SAYS IT WAS PRIVATE FLYER Building Is Found to Jut a Foot Over Building Line, So Winter Shaves Its Facade" ) May 05, 1926〕 and sold the old Temple Emanu-El building at 5th Avenue and 43rd Street which was demolished and replaced in 1927 with a commercial building by its subsequent owner Joseph Durst).〔(The San Bernardino County Sun: "N. Y. Church Site Sold for $7,000,000 for Skyscraper Use" ) December 15, 1926 | ''Temple Emanu-El, at the north-cast corner of Forty-third street, conceded to be one of the most Valuable parcels of real estate of Its size In the world, has been sold to Joseph Durst, vice president of the Capital National bank, at a valuation of $7,000,000, almost $370 a square foot. Mr. Durst plans to erect a 40-story office building on the site when he gains possession In May, 1928. The temple was purchased from the congregation last January by Benjamin Winter, real estate dealer, for $6,500,000.''〕〔(Daytonian in Manhattan: "The Lost 1868 Temple Emanu-El -- 5th Avenue and 43rd Street ) March 12, 2012〕〔(The Museum of the City of New York: "Temple Emanu-El" by Lauren Robinson ) October 11, 2011〕 Also in 1925, he purchased the William K. Vanderbilt House and demolished it replacing it with a residential high rise.〔〔(Daytonian in Manhattan: "The Lost Wm. K. Vanderbilt Mansion -- 660 5th Avenue" ) Monday, June 16, 2014〕〔(New York Evening Post: "Architectural Landmark Doomed" ) May 21, 1925〕 By tearing down the mansions, Winter along with fellow real estate speculator Frederick Brown, were credited with transforming that section of Fifth Avenue into "the aristocrat of shopping thoroughfares."〔(Entrepreneur Magazine: "Built for Business: Midtown Manhattan in the 1920s" ) retrieved November 11, 2014〕 In 1927, he formed Winter Incorporated and offered preferred shares on the New York Stock Exchange which enabled him to raise funds for larger projects.〔 He went bankrupt in 1937 during the Great Depression losing his entire $40,000,000 in wealth,〔(New York Times: "WINTER BANKRUPT IN $8,542,736 CRASH; Immigrant House Painter Who Built $40,000,000 Fortune Says He Has No Assets SECOND FINANCIAL FAILURE He Changed Fifth Avenue by Buying Mansions to Sell Sites for Apartments" ) November 17, 1937〕 although he recovered most of his wealth by his death in 1944.〔〔(New York Times: "BENJ. WINTER DIES; REALTY OPERATOR; Vlade and Lost Many Millions Here -Bought Astor and Vanderbilt Mansions" ) June 17, 1944〕
He was known for having the ability to identify under-valued properties in up-and-coming neighborhoods, making a purchase, and then selling them later for a tidy profit.〔 Within 20 years, he became the most prolific realtor in New York City with over $500 million sales.〔〔(New York Times: "HOTEL HERMITAGE BOUGHT BY WINTER; Parcel Adjoining Seventh Av. and Forty-second St. Sold by Greenwich Savings Bank. MORTGAGE AT 4% GIVEN Times Square Neighborhood on Upward Trend, With Many Improvements Under Way" ) March 15, 1933 |Benjamin Winter, one of the largest and most active real estate operators during the boom days in Manhattan''〕 His portfolio of prominent properties came to include the Hotel Delmonico,〔(New York Times: "NEW PARK AV. HOTEL IS SOLD TO WINTER; Germanic Trust Resells 32 Story Delmonico at Cornerof Fifty-ninth Street.IT WAS HELD AT $5,500,000 Deals Involving Other Housing Properties in Various Sections of Manhattan Announced." ) March 20, 1929〕 the Stanhope Hotel,〔(New York Times: "BANKS GET HOTELS FOR WINTER'S DEBTS; Bank of United States and 3 Others Acquire Bretton Hall, Stanhope and Other Realty. GET DELMONICO INTEREST Release Some of Properties Now Held for $2,090,330 Indebtedness -- Court Approves Settlement." ) December 3, 1932〕 the Hotel Lenori,〔 the Spanish Flats (which he later demolished),〔(New York Times: "WRECKERS START ON 'SPANISH FLATS'; Razing of New York's First de Luxe Apartments, Near Park, Follows Sale. THEY WERE BUILT IN 1882 40-Story Building and New York Athletic Club to Rise on Site -- Deal involves $20,000,000." ) October 3, 1926〕〔(New York Times: "When Spain Reigned on Central Park South" By CHRISTOPHER GRAY ) June 17, 2007〕 Bretton Hall,〔 the Gunther Building,〔(''Gunther Building In $1,500,000 Deal'' ), New York Times, February 19, 1929, pg. 58.〕 the Hotel Claridge,〔(New York Times: "$3,000,000 IS PAID FOR HOTEL CLARIDGE; Times Square Property Passes From du Pont Interests to Real Estate Operator." ) May 24, 1923〕 Hotel Hermitage,〔 and many residential properties along Park and Fifth Avenues.〔
In the 1950s, his son Marvin S. Winter transitioned the company from an opportunistic buyer and seller of real estate to a long term holder.〔〔(New York Times: "Marvin S. Winter, 78, Manhattan Developer" ) May 16, 1999〕 Marvin's sons Benjamin Winter and James Winter continued on with the family business after Marvin's death;〔〔(New York Times: "Paid Notice: Deaths WINTER, MARVIN S." ) May 10, 1999〕〔(Commercial Observer: "To REIT or Not To REIT: The Question - The Winter Organization's Leasing Director Robert Fink on transitioning from REIT to family owned firm and repositioning 423 West 55th Street" by Daniel Edward Rosen ) March 21, 2012〕 and Benjamin's son, David S. Winter marks the fourth generation in the family real estate business.〔(New York Times: "Elizabeth Heyman and David Winter" ) September 18, 2005〕

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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