Mr. Larry A. Silverstein

Larry A. Silverstein is the Chairman of Silverstein Properties, Inc., a Manhattan-based real estate development and investment firm that has developed, owned and managed 40 million square feet of office, residential, hotel and retail space.  The firm currently has $10 billion worth of development activity underway and has been recognized as one of the “Best Places to Work in New York City” by Crain’s New York Business for eight years in a row.

 

In July 2001, Mr. Silverstein completed the largest real estate transaction in New York history when he signed a 99-year lease on the 10.6 million square feet World Trade Center for $3.25 billion, only to see it destroyed in terrorist attacks six weeks later on September 11, 2001.  He has spent the last 19 years rebuilding the office component of the World Trade Center site, a $30 billion project that will consume the balance of his working life.

 

In May 2006, Silverstein Properties opened 7 World Trade Center, the first office tower to be rebuilt at the site, and the first LEED-certified office building in New York City.  The 52-story, 1.7 million square foot office tower is fully leased to an eclectic group of tenants.   In November 2013, the company opened 4 World Trade Center, a 72-story 2.3 million square foot building designed by Fumihiko Maki.  In June 2018, the company opened 3 World Trade Center, an 80-story, 2.5 million square foot building designed by Richard Rogers.  The company is developing one other office tower on the WTC site – 2 World Trade Center.

 

Silverstein Properties recently completed and opened a Four Seasons hotel and private residences designed by Robert A. M. Stern in Lower Manhattan which, at 82-stories, is one of the tallest residential towers in New York.  The company also completed and opened the largest Four Seasons resort in the world at the Walt Disney World Resort in Orlando, Florida.

 

Mr. Silverstein owns and manages many successful and high-profile commercial and residential properties in New York City, including 120 Broadway, 120 Wall Street, 529 Fifth Avenue and 1177 Avenue of the Americas.  Mr. Silverstein completed and opened Silver Towers, two 60-story residential towers at 600 West 42nd Street, the companion to 1River Place, a 40-story, 921-unit tower which opened in 2000.  The square block development houses over 2,200 families.

 

Mr. Silverstein is a member of the New York Bar and a Governor of the Real Estate Board of New York, having served as its Chairman.  He has served as Chairman of the Realty Foundation of New York.

 

A 1952 graduate of New York University, Mr. Silverstein served as Vice Chairman of the NYU Board of Trustees, where he continues to serve as member of the Board of Trustees of the New York University Langone Medical Center.  He is the Founder and Chairman emeritus of the advisory board of the NYU Real Estate Institute.  As a Professor of Real Estate, his “Silverstein Workshop” became one of the most attended and informative educational sources for learning real estate development and investment analysis.

 

Mr. Silverstein donates his time and resources to support many philanthropic endeavors.   He has served as Chairman of the Board of UJA-Federation.  He is a founding trustee of the Museum of Jewish Heritage in New York and has served as treasurer of National Jewish Health in Denver.

 

Mr. Silverstein contributes his time and resources to organizations that are dedicated to higher education and medical research, meeting humanitarian needs and supporting the arts.  Mr. Silverstein currently serves as a board member of the New York Philharmonic.  He is a classical music enthusiast, a passionate yachtsman and a dedicated New Yorker. Larry and Klara Silverstein have been married for 64 years and have three children and one son-in-law, three of whom are executives at Silverstein Properties, and they also have eight grandchildren.

 

 

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Ms. Lisa Silverstein

Lisa Silverstein is Vice Chairman of Silverstein Properties, and oversees the firm’s capital, existing assets, new initiatives and corporate strategy. From acquisitions to new development, she has worked beside her father, the founder and Chairman for over 25 years. A graduate of NYU, with two degrees, Lisa sits on the Board of Trustees of New York University, UJA and Jewish Community Relations Council of New York, as well as several other philanthropic and financial organizations and institutions from the United States to Israel. She lives with her husband in Tribeca and has three children.

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Mr. Tal Kerret

Tal Kerret is the President of Silverstein Properties, Inc. He is responsible for managing and monitoring the company’s portfolio of assets and devising strategies for growth. Mr. Kerret oversees day-to-day operations at the company.

Mr. Kerret joined Silverstein Properties in 2011, as Executive Vice President, was promoted to Chief Investment Officer in 2013 and to President in 2015.

Prior to joining SPI, he was Chairman and Co-Founder of Oberon Media, Inc., the leading casual games platform and solution provider established in 2003.

Prior to co-founding Oberon Media, Mr. Kerret was CEO and co-founder of RichFX, an e-commerce technology infrastructure company, for seven years. Prior to RichFX Mr. Kerret served as an officer in the Israeli Defense Forces for six years.

Mr. Kerret holds degrees in Mathematics and Computer Science from the Tel Aviv University.

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