Sol Goldman | The Real Deal New York

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Sol Goldman

Founder
Solil Management
640 Fifth Avenue, 3rd floor
New York, NY 10019-6102
Sol Goldman

By the time of his death at age 70 in October 1987, Sol Goldman had amassed the largest privately held real estate empire in New York City. It totaled more than 600 buildings, some of which he controlled through leaseholds and others through owning outright. The empire remains active today, though with a couple of hundred fewer properties, through Solil Management Corp., which is controlled by Goldman’s descendants.

Gold was born and raised in Brooklyn, the son of a grocer. He started trading properties during the Great Depression at age 16 by offering $500 in cash for each building he wanted. In the 1950s, he teamed with his friend Alex DiLorenzo Jr. and moved on to big fare, including the Chrysler Building, which the pair bought in 1960.

The pair lost that skyscraper to foreclosure in the 1970s amid more difficult economic times. Still, Goldman kept wheeling and dealing (Lorenzo died of a heart attack at his desk in the Chrysler Building in 1975). He made 23 building trades in 1983 alone, and then beat that total with 26 three years later.

Shortly before his death and right afterward, Goldman’s widow and children went to court over his fortune, with his wife, Lillian Schuman, receiving one-third of the empire and the children managing the rest. Goldman’s nephew, Lloyd Goldman, is also a prominent landlord in New York City. -TA


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09/01/16
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08/03/16
A partnership between Joseph Chetrit, Edward Minskoff and Joseph Moinian avoided default on a $211 million loan attached to three properties at 500-512 Seventh Avenue and...

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08/03/16
...From left: Jane Goldman, a portrait of her father, Sol Goldman and 86 Warren Street in Tribeca UPDATED, Aug. 3, 5:40 p.m.: Solil...

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07/29/16
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06/21/16
Simon Singer and Elie Schwartz’s Nightingale Group acquired the ground lease for a 15-story Midtown office building from Extell Development, according to property records filed with the...

05/23/16
The Department of Citywide Administrative Services canceled the planned sale of a 140,000-square-foot South Bronx warehouse after the agreed buyer failed to make a payment....

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04/27/16
Quartet Health, a health-tech startup that’s in expansion mode after a $40 million funding round lead by Google’s venture arm, just inked a lease for...

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Not all real estate families want to bask in the glow of the public spotlight, affix their names in gold on buildings, or run for...

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04/08/16
Tribeca Associates is financing its acquisition of the 47-story office tower at 30 Broad Street with a $96.2 million loan from M&T Bank, according to...

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03/24/16
UPDATED: March 24, 10:58: American Realty Capital’s New York City REIT is taking over the ground lease at the 22-story office building at 1140 Sixth Avenue in...

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03/23/16
...Charles Cohen and 475 Park Avenue South Cohen Brothers Realty hit Sol Goldman Investments with a lawsuit, claiming that the firm is threatening...

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01/21/16
...million in annual rent to the estate of late developer Sol Goldman, which owns the property, through 2035. (more&hellip...

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TRD Special Report: In September 2014, Rich Marin stood on stage at TEDx St. George and invoked Cornelius Vanderbilt. He spoke of a passion project worthy...

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12/29/15
Family dynasties are a fixture of the New York real estate scene, but few manage to share and transfer power across generations as smoothly as...

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12/03/15
...on the leasehold during the market downturn. The estate of Sol Goldman owns the land underneath the property. HFF's Eric Anton, David...

Undated photo: The official photograph of UAE President Sheikh Khalifa bin Zayed Al Nahyan, March 11, 2008. Photo by WAM *** Local Caption *** «·’Ê—… «·—”„Ì… ··‘ÌŒ Œ·Ì›… »‰ “«Ìœ ¬· ‰ÂÌ«‰ —∆Ì” œÊ·… «·«„«—«  «·⁄—»Ì… «·„ Õœ… ‹ „«—” ‹11‹2008‹ «·’Ê—…  „‰ Ê«„
11/25/15
The Abu Dhabi Investment Authority, the nation’s sovereign wealth fund, has added to its portfolio of Manhattan hotels. Tags: Abu Dhabi Investment Authority, blackstone group...

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11/18/15
Stella McCartney is negotiating to open its first Madison Avenue store, just north of the Upper East Side’s “Gold Coast” corridor. Tags: Gold Coast, retail...

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10/30/15
A few years ago, when Larry Ackman stepped away from the mortgage brokerage giant his father founded in the 1920s, his son, hedge fund mogul...

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09/17/15
Alchemy Properties and ABR Partners, in partnership with Clarion Partners, acquired the leasehold of a 25-story Midtown East office building for $99 million, after Meadow...

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08/31/15
One of the city’s top fine-art storage companies is looking to make itself a part of the permanent collection in the South Bronx. Transcon International...

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07/01/15
Lebanese fashion designer Elie Saab is opening his first shop in the U.S. Tags: Madison Avenue ...

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05/21/15
...of commercial and residential properties amassed by Jane’s father Sol Goldman. Other sons in the business who registered as attendees were...

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03/30/15
Joseph Chetrit’s Chetrit Group filed suit against Solil Management last week, asking for more time to address its concerns before being booted off of a...

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02/20/15
UPDATED, 11:35 a.m., Feb. 20: Shorenstein Realty Services is in contract to pay $330 million for the ground lease at 1407 Broadway, a 1.1 million-square-foot office building...

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01/30/15
With a move to demolish a five-story building adjacent to 432 Park Avenue, Macklowe Properties appears to be eyeing an expansion of the skyscraper’s retail footprint. Tags:...
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Solil Management
1185 Sixth Avenue, 10th Floor, New York, NY
Allan Goldman once helped his sister, Jane Goldman, run Solil Management Corp., the...
Solil Management, Owner
1185 Sixth Avenue, 10th Floor, New York, NY, (212) 265-2280
Jane Goldman runs the day-to-day operations of Solil Management, the privately held firm...
Solil Management
1185 Sixth Avenue, 10th Floor, New York, NY
Steven Gurney-Goldman joined Solil Management shortly after his 2013 graduation from Vanderbilt University....
Solil Management, Commercial leasing manager
1185 Sixth Avenue, 10th Floor, New York, NY, (212) 265-2280
As commercial leasing manager for the Solil Management Corp., Brent Weinblatt handles much...
Solil Management, In-house attorney
640 Fifth Avenue, 3rd floor, New York, NY, 212-265-2172
As the in-house attorney for Solil Management Corp, Judy Brener handles much of...
  • Event Retail Leasing
  • Address 22 West 34th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 120
notes
The currency exchange services provider signed a lease for its seventh Manhattan location.
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