Norman Sturner (born September 6, 1940) is an American real estate developer and co-founder and CEO of Murray Hill Properties.
[The Real Deal: "Norman Sturner" By Candace Taylor]
retrieved January 20, 2014
Biography
Sturner was born in the
Bronx, New York
The Bronx () is a Boroughs of New York City, borough of New York City, coextensive with Bronx County, in the U.S. state, state of New York (state), New York. It is south of Westchester County, New York, Westchester County; north and east of the ...
[New York Sun: "Norman Sturner Has the Midas Touch" By PRANAY GUPTE]
April 28, 2005 to a
Jewish family and grew up in
Bayside, Queens where he attended
Bayside High School. He worked as a short-order cook when he was a teenager and entered college at the age of 16.
He is a graduate of
St. John's University St John's University may refer to:
*St. John's University (New York City)
**St. John's University School of Law
**St. John's University (Italy) - Overseas Campus
*College of Saint Benedict and Saint John's University, St. Joseph, Minnesota and Col ...
[Murray Hill Properties: "Norman Sturner, President / CEO]
retrieved January 20, 2014 where he majored in accounting.
After school, he first worked as an accountant.
and then moved on to become one of the largest mutual fund dealers in the country and owned a seat on the
Philadelphia-Baltimore-Washington stock exchange. In 1971, he and his business partners, Neil Siderow
[Commercial Observer: "Norman Sturner Rages Against the Dying of the Light" By Jotham Sederstrom]
July 26, 2010 an owner of a life insurance agency, and Michael Green, purchased a building on the verge of default for $70,000 which led to additional purchases and began their career in real estate investment.
Sturner focuses solely on commercial real estate in Manhattan; handling all aspects of development except construction - which is outsourced.
January 22, 2013 His strategy historically has been to purchase undervalued commercial properties in Manhattan
January 1, 2013 and improve them (typically upgrading lobbies and elevators) to attract a better class of tenants.
His firm has acquired and sold more than 150 properties with a value of more than US$10 Billion.
Sturner is a great believer in New York City stating: "New York is an island which cannot be moved anywhere and lose its value."
Sturner was named a member of the Commercial Observer's “Power 100” in New York City. Sturner is an approved receiver by the New York State Office of Court Administration (OCA), is a member of
Real Estate Board of New York
The Real Estate Board of New York (REBNY) is "the leading trade group advocating on policy changes in the real estate industry," a trade association for the real estate industry in New York City. Formed in 1896, its current president is James W ...
(REBNY), is a member of the
Association for a Better New York (ABNY), and serves as vice president of the executive committee of the Realty Foundation of New York.
Personal life
In 1959, he married, Harriet Sturner, whom he met in high school.
They live in
Short Hills, New Jersey and have two sons:
Andrew Sturner who operates several marinas; and David Sturner who works at Murray Hill Properties. He serves as a mentor to the Young Jewish Professionals Real Estate Network.
Young Jewish Professionals Real Estate Network: "Young Jewish Professionals Real Estate Network Holds All Star Panel" by Marc Becker
November 13, 2009
References
External links
*
{{DEFAULTSORT:Sturner, Norman
1940 births
20th-century American Jews
American businesspeople in real estate
Businesspeople from the Bronx
St. John's University (New York City) alumni
Living people
People from Bayside, Queens
Bayside High School (Queens) alumni
Businesspeople from Millburn, New Jersey
21st-century American Jews