Bernard Spitzer
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Bernard Spitzer
Bernard Spitzer (born 1924) is a real estate developer and philanthropist in New York City who built several landmark buildings around the city including The Corinthian which was the largest individual apartment building in New York City when it was built. Spitzer is father of former New York Governor Eliot Spitzer. In 2008 he has an estimated net worth of $500 million.[1]
Early lifeSpitzer's parents moved from Austria to New York's Lower East Side after World War I. They operated a print shop. Bernard received an engineering degree from City College of New York in 1943[2] at the age of 18. He successfully competed with Jerry Stiller for the hand of Anne Goldhaber, whom they courted in the Catskills. Spitzer initially tried his hand at civil engineering but turned instead to real estate development. [3] Real estate developerAmong the buildings Bernard has built are:
Philanthropies
Father of the governorSpitzer played a major role in the life of his son Eliot, the future New York Governor, both as a child and during his rise to power. According to biographers during a game of Monopoly between father and son when the future governor was seven or eight, the elder Spitzer ordered the future governor to sell him a piece of property. When Eliot later landed on the property, he couldn't afford the rent and thus been taught "Never defer to authority."[9] Spitzer provided an apartment to Eliot rent free at 985 Fifth Avenue (which Bernard built). Bernard paid a gift tax.[10] Rent from the apartment buildings in the Spitzer empire provides most of the more than $1 million income that Spitzer had reported in 2006.[1] Bernard was to bankroll Eliot's foray into politics loaning him $5 million in the first two campaigns and paying him $200,000 a year. The Bernard and Anne Spitzer Charitable Trust has donated at least $140,000 to organizations led by political allies.[11] In 2007 Governor Spitzer appointed Dale Hemmerdinger to be president of the Metropolitan Transportation Authority. Before being confirmed, Hemmerdinger had to resign from the all-white, mostly Jewish Harmonie Club. It was then revealed that Bernard had been a member of the club for more than 30 years.[12] Also in August 2007, Republican strategist Roger Stone was accused of leaving this message on Bernard's office answering machine during the "Troopergate" scandal in which Eliot was accused of using state troopers to spy on Joseph Bruno:
Stone initially denied involvement but eventually resigned as a consultant to the New York State Senate Republican Campaign Committee, at the request of Senate Majority Leader Joseph Bruno. References
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