Richard LeFrak
American businessperson (born 1945)
Richard S. LeFrak (born 1945) is an American billionaire businessman. He is chairman and CEO of LeFrak, a privately held, family-run company based in New York City that owns, develops, and manages real estate.2
From Wikipedia’s article on Richard LeFrak (this version), CC BY-SA 4.0.
Born 1945.1
About
He is one of the biggest landlords in the New York tri-state area.
From Wikipedia’s article on Richard LeFrak, shared under CC BY-SA 4.0.2
Companies
- LeFrak Organization, Inc.Chief executive officer9
Early life and education
- Date not recordedColumbia University3
- Date not recordedAmherst College3
- Date not recordedColumbia Law School3
- Date not recordedLawrence Woodmere Academy3
LeFrak was born in 1945 to a Jewish family in New York City, one of four children of Ethel Stone and real estate developer Samuel J. LeFrak. LeFrak received a B.A. and graduated cum laude from Amherst College. LeFrak also holds a J.D. from Columbia University. In 1998, LeFrak received an honorary doctorate degree from Amherst College.
From Wikipedia’s article on Richard LeFrak (this version), CC BY-SA 4.0.
Career
Occupation: businessperson.5
- Date not recordedChief executive, LeFrak Organization, Inc.4
LeFrak joined his family's real estate firm, LeFrak, in 1968. In 1975 he was appointed president. In 2003, he was elected chairman and CEO following the death of his father, Samuel J. LeFrak. In 1986 LeFrak and his father began building in Jersey City, New Jersey on the site of abandoned piers and rail yards. The area is now known as Newport, a 600-acre neighborhood with 8 office buildings, 13 apartment towers, 2 hotels, an urban beach, schools, a retail mall, and parks.
LeFrak is also credited with leading the LeFrak organization's expansion and diversification outside of the New York area. In 2008 the company purchased a 12-story office building on Hollywood Boulevard as well as a medical building in Beverly Hills, California. In 2012 LeFrak purchased a stake in a South Beach, Miami luxury mixed-use property, including a hotel formerly known as the Gansevoort. The project was expected to open in early 2014 as the eco-minded 1 Hotel Homes, however, the project opened in Spring of 2015.
LeFrak was ranked #16 on the Commercial Observer's Real Estate Power 100 in 2013, # 20 in 2012, #20 in 2011, #10 in 2010, #18 in 2009, and #64 in 2008.
In 2023, LeFrak announced he was taking a step back at the LeFrak firm, however, he continues to lead the company as of December 2025.
From Wikipedia’s article on Richard LeFrak (this version), CC BY-SA 4.0.
Personal life
He is married to Karen Tucker LeFrak, a composer and children's author. They live in New York and Southampton. They have two sons James "Jamie" Tucker LeFrak (born 1973) who is vice-chairman and managing director of LeFrak and Harrison "Harry" Tucker LeFrak (born 1971) who is also vice-chairman and managing director of LeFrak.
From Wikipedia’s article on Richard LeFrak (this version), CC BY-SA 4.0.
Philanthropy
LeFrak presides over the Richard S. and Karen LeFrak Charitable Foundation, a private charity whose mission includes the support of charitable organizations.
Harrison has sat on the Board of Trustees of New York-Presbyterian Hospital since 2016.
From Wikipedia’s article on Richard LeFrak (this version), CC BY-SA 4.0.
Politics
LeFrak contributed $100,000 to Donald Trump's 2020 presidential campaign. LeFrak had previously called Trump, a fellow real-estate developer, "a dear friend".
From Wikipedia’s article on Richard LeFrak (this version), CC BY-SA 4.0.
Legal issues and controversies
In 2017, St. Joseph's Chapel, the Catholic September 11 Memorial at the World Trade Center, located in the Gateway Plaza in Battery Park City, was threatened with closure due to the St. Peter's parish's reluctance or inability to pay a tripling of its rent by a management company run by LeFrak corporation and partners.
From Wikipedia’s article on Richard LeFrak (this version), CC BY-SA 4.0.
Awards
- Date not recordedhonorary doctor of Amherst College8
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataRichard LeFrak on Wikidata
- 2WikipediaRichard LeFrak on Wikipedia
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