Peter L. Malkin (born January 14, 1934) is an American real estate investor and chairman emeritus of Empire State Realty Trust and Malkin Holdings.
Biography
Born to a
Jewish
Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...
family,"Peter Malkin Honored at Real Estate Division Event" June 6, 2012 , ''"You've shown how UJA-Federation inspires us to act on our Jewish values to strengthen our community and our world through charity, repairing the world, and acts of kindness.'' Malkin graduated with an A.B. from
Harvard College
Harvard College is the undergraduate college of Harvard University, an Ivy League research university in Cambridge, Massachusetts. Founded in 1636, Harvard College is the original school of Harvard University, the oldest institution of higher lea ...
(''summa cum laude'',
Phi Beta Kappa
The Phi Beta Kappa Society () is the oldest academic honor society in the United States, and the most prestigious, due in part to its long history and academic selectivity. Phi Beta Kappa aims to promote and advocate excellence in the liberal ...
Lawrence Wien
Lawrence Arthur Wien (May 30, 1905 – December 10, 1988) was an American lawyer, philanthropist, and real estate investor.Empire State Building (which they jointly bought in 1961 with Harry Helmsley from
Henry Crown
Henry Crown (; June 13, 1896 – August 14, 1990) was an American industrialist and philanthropist. Among other things, he founded the Material Service Corporation, which merged with General Dynamics in 1959. At the time of his death, he was a ...
Graybar Building
Graybar is an American employee-owned corporation, based in Clayton, Missouri. It conducts a wholesale distribution business for electrical, communications and data networking products, and is a provider of related supply-chain management and l ...
, the Fisk Building, the Garment Centre Capitol Building, the
Toy Center
The Toy Center, also known as the International Toy Center, is a complex of buildings in the Flatiron District of Manhattan, New York City, that for many years was a hub for toy manufacturers and distributors in the United States. It consis ...
, and the Lincoln Building at
One Grand Central Place
One Grand Central Place, originally the Lincoln Building, is a 53-story, tall neo-Gothic office building at 60 East 42nd Street in Midtown Manhattan, New York City. It is bounded by Madison Avenue to the west, East 41st Street to the south, an ...
Lexington Hotel Lexington Hotel or Hotel Lexington may refer to:
* Lexington Hotel (Chicago), now demolished
* Lexington Hotel (New York City)
* Lexington Hotels & Inns, a brand operated by Vantage Hospitality
{{dab ...
, and the Hotel Governor Clinton.New York Times: "Lawrence A. Wien, 83, Is Dead; Lawyer Gave Millions to Charity " by ALFONSO A. NARVAEZ December 12, 1988 Malkin also helped to expand the firm's activities to Newark, Palm Beach, Philadelphia, Los Angeles, Minneapolis, and Las Vegas.
In 2013, Peter Malkin and his son Anthony raised $930 million from the secondary offering and IPO of 18 buildings in their portfolio including the Empire State Building. Peter Malkin became chairman emeritus and Anthony became chairman, president, and CEO. The new publicly traded entity is named the Empire State Realty Trust (ticker ESRT). Prior to the IPO, the family firm, Wien and Malkin, was renamed Malkin Holdings.
Philanthropy, boardships, and awards
Malkin is the founding chairman of the Grand Central Partnership, Inc. and of the 34th Street Partnership, Inc.; and a founder and director of The Fashion Center Business Improvement District. Malkin is co-chair of the Real Estate and Construction Council of Lincoln Center for the Performing Arts, Trustee Emeritus and co-chair of Trustee Emeritus Council of Lincoln Center for the Performing Arts, co-chairman emeritus of the Real Estate Council of the
Metropolitan Museum of Art
The Metropolitan Museum of Art of New York City, colloquially "the Met", is the largest art museum in the Americas. Its permanent collection contains over two million works, divided among 17 curatorial departments. The main building at 1000 ...
, founder and chairman emeritus of the Dean's Council of the
John F. Kennedy School of Government
The Harvard Kennedy School (HKS), officially the John F. Kennedy School of Government, is the school of public policy and government of Harvard University in Cambridge, Massachusetts. The school offers master's degrees in public policy, public ...
at
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...
, co-founder and honorary co-chair of the Committee Encouraging Corporate Philanthropy, a director emeritus of
U.S. Trust Corporation
Bank of America Private Bank (formerly U.S. Trust) was founded in 1853 as the United States Trust Company of New York. It operated independently until 2000, when it was acquired by Charles Schwab, and Co. and subsequently sold to, and became a ...
, a member of the board of advisors for
Bank of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank ...
Global Wealth Investment Management, a vice president and director of the Realty Foundation of New York and a partner in the New York City Partnership, a governor emeritus of the Real Estate Board of New York, a former member of the Mayor's Business Advisory Committee during the administration of Mayor Rudolph Giuliani, and former member of the Board of Overseers of Harvard College; the recipient of 3 National Honor Awards, trustee emeritus and chairman of the Council of the National Trust for Historic Preservation. Malkin is the founder of Merritt Parkway Conservancy, Greenwich Tree Conservancy and Greenwich Green & Clean, all non-profit organizations based in Connecticut.
Malkin has served on 15 different committees at Harvard University, and Harvard's Indoor Athletic Building was renamed the
Malkin Athletic Center
The Malkin Athletic Center (MAC) is a 1,000-seat multi-purpose arena and athletic facility at Harvard University in Cambridge, Massachusetts.
Originally known as the Indoor Athletic Building (IAB), it is now named after Peter L. Malkin, who hel ...
in 1986 in honor of his $4M donation to renovate it.
In 2012, he was awarded the Jack D. Weiler Award by the
United Jewish Appeal
The United Jewish Appeal (UJA) was a Jewish philanthropic umbrella organization that existed from its creation in 1939 until it was folded into the United Jewish Communities, which was formed from the 1999 merger of United Jewish Appeal (UJA), Co ...
of New York. Malkin also served as vice president of
Federation of Jewish Philanthropies
UJA-Federation of New York (United Jewish Appeal – Federation of Jewish Philanthropies of New York, Inc.) is the largest local philanthropy in the world. Headquartered in New York City, the organization raises and allocates funds annuall ...
.
Personal life
He is married to Isabel Wien, daughter of real-estate investor
Lawrence Wien
Lawrence Arthur Wien (May 30, 1905 – December 10, 1988) was an American lawyer, philanthropist, and real estate investor.Richard Blumenthal
Richard Blumenthal (; born February 13, 1946) is an American lawyer and politician who is the senior United States senator from Connecticut, a seat he has held since 2011. A member of the Democratic Party, he is one of the wealthiest members of ...
, who was elected a
United States senator
The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States.
The composition and powe ...
from Connecticut in 2010; son Anthony Edward Malkin is married to Rachelle Lisa Belfer, granddaughter of
Arthur Belfer
Arthur B. Belfer (May 30, 1907 – May 2, 1993) was a Polish-born, American businessman and philanthropist who founded the Belco Petroleum Corporation.
Biography
Belfer was born to a Jewish family in Wodzisław, Poland. He worked as a dealer in ...
Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...
Connecticut State Representative
The Connecticut State House of Representatives is the lower house in the Connecticut General Assembly, the state legislature (United States), state legislature of the U.S. state of Connecticut. The house is composed of 151 members representing an ...