Harrison Lefrak
Harrison Lefrak is a real estate mogul who is widely recognized for his philanthropic work and has been a major contributor to various non-profit triggers, with particular give attention to schooling and health care endeavours. Via his foundation, The Harrison Lefrak Charitable Have confidence in, he has offered funding for programs that aim to boost student learning abilities as well as support medical research targeted at finding remedies for debilitating diseases.
The Philanthropic Efforts of Harrison Lefrak: Giving Back to the Community
Lefrak is a renowned figure in the New York city business world and has made his presence known through numerous high-profile deals. He is the vice chairman and principal of Lefrak Organization, a family-owned real estate developer with assets worth more than $25 billion. The company focuses on opportunistic investments in the Manhattan market, where demand is high and supply can’t meet it.
The real estate mogul is the heir apparent to his father’s eponymous firm, which was founded in 86. The company has a number of large residential projects in the city, including Newport on the Hudson. It has also invested in beachfront condominiums and hotels in South Beach, Florida.
Richard Lefrak, who has Parkinson’s disease, announced in 2023 that he will be retiring from the day-to-day duties of his company but will remain as its chairman and CEO. He is preparing his sons, Harrison and Jamie, to take over the empire. The two sons currently serve as vice chairmen at the company. They have already started to make their mark with the development of a pair of waterfront properties in Jersey City.