Irwin Molasky (February 22, 1927 – July 4, 2020) was an American real estate developer and philanthropist from
Las Vegas,
Nevada. He was the Chairman of The Molasky Group of Companies.
Early life
Irwin Molasky was born to a
Jewish family on February 22, 1927 in
St. Louis,
Missouri. Molasky moved with his family to
Dayton, Ohio. He served in the
United States Military after
World War II.
His father ran an
Ohio newspaper distribution business and managed several apartments.
[A.D. Hoplinkas]
Irwin Molasky
''Las Vegas Review-Journal
The ''Las Vegas Review-Journal'' is a daily subscription newspaper published in Las Vegas, Nevada, since 1909. It is the largest circulating daily newspaper in Nevada and one of two daily newspapers in the Las Vegas area.
The ''Review-Journal'' ...
'', September 12, 1999 Molasky went to a military high school and attended college and worked during summers as a teenager.
He attended
Ohio State University and transferred to the
University of California, Los Angeles (UCLA), but did not graduate from either institution.
Instead, he worked his way up in construction.
Real estate development
Molasky moved to
Las Vegas,
Nevada in 1951.
Soon after arriving he bought property and built an 18-room motel, The Pyramids. With
Moe Dalitz
Morris Barney Dalitz (December 25, 1899 – August 31, 1989) was an American gangster, businessman, casino owner, and philanthropist. He was one of the major figures who shaped Las Vegas in the 20th century. He was often referred to as "Mr. Las V ...
,
Allard Roen and
Merv Adelson, he founded Paradise Development, a real estate development company in the 1950s.
[Ed Koch]
Desert Inn, Stardust chief helped integrate Las Vegas Strip
''Las Vegas Sun
The ''Las Vegas Sun'' is one of the Las Vegas Valley's two daily Subscription business model, subscription newspapers. It is owned by the Greenspun family and is affiliated with Greenspun Media Group. The paper published afternoons on weekdays ...
'', September 1, 2008 Together, they founded the
Sunrise Hospital
Sunrise Hospital & Medical Center is a for-profit hospital owned by the Hospital Corporation of America and operated by Sunrise Healthcare System. It is located in the Las Vegas Valley in Winchester, Nevada.
History
Sunrise was founded in 1958. I ...
, the
Boulevard Mall
Boulevard Mall is a shopping center located north of the city of Buffalo at the western edge of the Town of Amherst in Erie County, New York, United States. The name derives from its location on Niagara Falls Boulevard (U.S. Route 62), which d ...
and the
Las Vegas Country Club.
Later, they also developed the
La Costa Resort and Spa in
Carlsbad, California
Carlsbad is a coastal city in the North County region of San Diego County, California, United States. The city is south of downtown Los Angeles and north of downtown San Diego. As of the 2020 census, the population of the city was 114,746. ...
.
Meanwhile, Molasky became the Chairman of The Molasky Group of Companies, a real estate development company.
[University of Nevada, Las Vegas: Lee Business School: Business Hall of Fame Inductee: Irwin Molasky](_blank)
/ref>[Nathan Adelson Hospice: Board of Trustees: Irwin Molasky](_blank)
/ref>
/ref> He has built the first master-planned community, Paradise Palms and the first high-rise office building in Las Vegas, the 17-story Bank of American Plaza; and the Nathan Adelson Hospice
Nathan or Natan may refer to:
People
*Nathan (given name), including a list of people and characters with this name
*Nathan (surname)
*Nathan (prophet), a person in the Hebrew Bible
*Nathan (son of David), biblical figure, son of King David and ...
. Additionally, he helped find the right location for the McCarran International Airport
Harry Reid International Airport is an international airport in Paradise, Nevada, and is the main government airport for public use in the Las Vegas Valley, a metropolitan area in the U.S. state of Nevada, about south of Downtown Las Vegas. ...
and assisted with the land purchase for the Las Vegas Convention Center. Moreover, he built the Internal Revenue Service
The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory ta ...
Headquarters in Las Vegas, the Social Security Administration building in Las Vegas, the Casa Grande Re-entry Facility for the State of Nevada Department of Corrections, and the Clark County Detention Facility. Molasky also purchased the Regency Towers high-rise condominium tower after it went into foreclosure in the 1970s. Molasky and Steve Wynn later built the Park Towers high-rise condominiums, completed in 2001. In 2007, his company completed the Molasky Corporate Center in downtown Las Vegas. It is a green building used for office space, and is the only building by Molasky to use his name.
Television production
With Merv Adelson and Lee Rich, he was a co-founder of Lorimar Productions, a conglomerate of television, broadcasting, and print companies. He also served on its board of directors.
Molasky admitted in an interview with '' The Hollywood Reporter'' that he used the company as a "tax shelter."
Equestrianism
Molasky owned racehorses with trainer Bruce Headley
Bruce Edmund Headley (14 February 1934 – 15 January 2021) was a Thoroughbred horse trainer and owner.
Biography
Involved with horse racing since his teens, Headley worked as an exercise rider from 1949 until taking out his trainers license in 1 ...
. One of his horses was Kona Gold.
Philanthropy
Molasky was a key figure in the development of the University of Nevada, Las Vegas through a donation of of prime land at Flamingo Road and Maryland Parkway. He also served as the Founding Chairman of the UNLV Foundation, the fundraising arm of the university.
Molasky served on the board of directors of Project REAL, a non-profit organization that teaches "principles of democracy, law and the responsibilities of citizenship" to schoolchildren in Las Vegas.
The Molasky Junior High School in Las Vegas is named in his honor. Molasky was one of the founders of the Jewish Federation of Las Vegas.
Personal life and death
Molasky was married to Pepie (Bookbinder) Molasky. He then married Susan (Frey) Molasky. He has three sons and a daughter, all of whom work at The Molasky Group of Companies:
*Steven Molasky.
*Andrew Molasky.
*Alan Molasky.
*Beth Molasky.
Irwin & Susan Molasky Junior High School, a middle school in North Las Vegas
North Las Vegas is a suburban city in Clark County, Nevada, United States, in the Las Vegas Valley. As of the 2010 census it had a population of 216,961, with an estimated population of 251,974 in 2019. The city was incorporated on May 1, 19 ...
, is named after the two Molaskys.
Molasky died of natural causes on July 4, 2020, at the age of 93.[
]
References
{{DEFAULTSORT:Molasky, Irwin
1927 births
2020 deaths
Businesspeople from St. Louis
Military personnel from St. Louis
People from the Las Vegas Valley
American real estate businesspeople
American racehorse owners and breeders
University of Nevada, Las Vegas
American philanthropists
Jewish American philanthropists
Ohio State University alumni
University of California, Los Angeles alumni
21st-century American Jews