Stanley Stahl (1924–1999) was an American banker and real estate investor from

New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...

Early life

Stanley Stahl was 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 on June 16, 1924 in New York City.New York Times: "Paid Notice: Deaths STAHL, STANLEY
August 8, 1999 His father, Max Stahl, was a butcher in

Brooklyn Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, be ...

. He had a sister, Beatrice Marans. Stahl graduated from

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, th ...

, where he received a bachelor's degree in accounting. He served in the

United States Army The United States Army (USA) is the land warfare, land military branch, service branch of the United States Armed Forces. It is one of the eight Uniformed services of the United States, U.S. uniformed services, and is designated as the Army o ...

Career

Stahl started his career as a real estate broker in Manhattan. He invested in Manhattan real estate, eventually owning both

277 Park Avenue 277 Park Avenue is an office building in the Midtown Manhattan neighborhood of New York City. It stands on the east side of Park Avenue between East 47th and 48th Streets, and is tall, with 50 floors. It is tied with two other buildings, 55 Wa ...

in Midtown Manhattan and

The Ansonia The Ansonia is a building on the Upper West Side of Manhattan in New York City, located at 2109 Broadway, between 73rd and 74th Streets. It was originally built as a residential hotel by William Earle Dodge Stokes, the Phelps-Dodge copper heir ...

on the

Upper West Side The Upper West Side (UWS) is a neighborhood in the borough of Manhattan in New York City. It is bounded by Central Park on the east, the Hudson River on the west, West 59th Street to the south, and West 110th Street to the north. The Upper West ...

. He was also the co-owner of the

Lunt-Fontanne Theatre The Lunt-Fontanne Theatre, originally the Globe Theatre, is a Broadway theater at 205 West 46th Street in the Theater District of Midtown Manhattan in New York City. Opened in 1910, the Lunt-Fontanne Theatre was designed by Carrère and Hasti ...

with the Nederlander Organization. In 1982, he acquired the AT&T Building located between 55th Street and 56th Street in Manhattan (now owned by

Joseph Chetrit Joseph Chetrit is an American real estate investor and developer and founder of the Chetrit Group. Early life Chetrit was born to a Jewish family in Morocco to Simon and Alice Chetrit.Tom Acitelli"Joseph Chetrit, the Most Mysterious Big Shot i ...

). In 1969, Stahl co-founded Hirstan Associates, a real estate investment firm, with

Abraham Hirschfeld Abraham Jacob Hirschfeld (December 20, 1919 – August 9, 2005) was an American real estate investor, Broadway producer and political candidate from New York City. He was the owner of several buildings in Manhattan. He served as treasurer for the ...

. They owned buildings in Sutton Place. However, when Hirschfeld wanted out of the partnership in 1992, Stahl accused the latter of unfair profit distribution. In retaliation, Stahl was accused of racial discrimination against tenants. In 1998, Hirschfeld was indicted of hiring a hitman to murder Stahl in 1996. Stahl acquired the

Apple Bank for Savings Apple Bank for Savings is a savings bank headquartered in Manhasset, New York and operating in the New York metropolitan area. History The company was founded in 1863 as the Haarlem Savings Bank by a group of local merchants as a community-bas ...

for US$174 million in a

hostile takeover In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to t ...

in 1990. He was its sole owner.

Personal life

Stahl was married twice. His second wife was named Cherie. He had a son, Gregory Stahl, a stepson, Peter Neger, and a stepdaughter, Simi Matera. Stahl was indicted of bribing an Internal Revenue Service agent and found guilty in 1977, but he won on appeal.

Death

Stahl died of a stroke on August 5, 1999 in a hospital in New York City.

References

{{DEFAULTSORT:Stahl, Stanley 1924 births 1999 deaths Jewish American military personnel People from New York City New York University alumni American bankers Jewish American bankers 20th-century American businesspeople American real estate businesspeople 20th-century American Jews