Stanley Stahl | |
Birth Date: | June 16, 1924 |
Birth Place: | New York City, U.S. |
Death Place: | New York City, U.S. |
Alma Mater: | New York University |
Occupation: | Banker, real estate investor |
Spouse: | 2, including Cherie Stahl |
Children: | 1 |
Stanley Stahl (1924–1999) was an American banker and real estate investor from New York City.
Stanley Stahl was born to a Jewish family on June 16, 1924, in New York City.[1] [2] [3] His father, Max Stahl, was a butcher in Brooklyn.[2] [4] He had a sister, Beatrice Marans.[2]
Stahl graduated from New York University, where he received a bachelor's degree in accounting.[1] [2] He served in the United States Army.[1]
Stahl started his career as a real estate broker in Manhattan.[2] He invested in Manhattan real estate, eventually owning both 277 Park Avenue in Midtown Manhattan and the Ansonia on the Upper West Side.[2] He was also the co-owner of Broadway's Lunt-Fontanne Theatre with the Nederlander Organization.[4] In 1982, he acquired the AT&T Building on Madison Avenue in Midtown Manhattan.[4]
In 1969, Stahl co-founded Hirstan Associates, a real estate investment firm, with Abraham Hirschfeld.[4] They owned buildings in Sutton Place.[4] However, when Hirschfeld wanted out of the partnership in 1992, Stahl accused the latter of unfair profit distribution.[4] In retaliation, Stahl was accused of racial discrimination against tenants.[4] In 1998, Hirschfeld was indicted of hiring a hitman to murder Stahl in 1996.[2] [4]
Stahl acquired the Apple Bank for Savings for US$174 million in a hostile takeover in 1990.[1] He was its sole owner.[2]
Stahl was married twice. His second wife was named Cherie.[2] He had a son, Gregory Stahl, a stepson, Peter Neger, and a stepdaughter, Simi Matera.[2] Stahl was indicted of bribing an Internal Revenue Service agent and found guilty in 1977, but he won on appeal.[2]
Stahl died of a stroke on August 5, 1999, in a hospital in New York City.[1] [2]