Looking Back: Sol Goldman, a mogul surrounded by turmoil
February 01, 2008 01:50PM By Jennifer Gould Keil
Sol Goldman
From the January issue: Bestselling novels are written about fictional family titans in turmoil, but few rival the real-life story of the Goldmans, one of New York's richest real estate clans. Patriarch Sol was the spunky son of a Brooklyn grocer. He bought his first properties at age 16, scooping up foreclosures by offering $500 cash per building. "He'd go to the bank and lie because he was too young to get a mortgage. He got most of the money from going around the neighborhood, getting $50 from this one and $50 from that one. That's how he started," his daughter Jane Goldman told The Real Deal. Goldman's strategies worked: By the time he died in 1987 at age 70, he had amassed New York's largest private real estate empire, more than 600 properties valued at $1 billion. At one point, his trophies included the Chrysler Building, the Stanhope Hotel and many buildings in Midtown.
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Comments
Anonymous
With all that family wealth, why is Lloyd Goldman a typical dirt-bag slumlord?
Comment #1 Posted By: Anonymous 02/04/08
Anonymous
My father worked for the family (Bldg mangement)from 1980-2005. He was good to his employees but and slum lord to his clients. However his kids are horrible. Talk about Cheap!!
Comment #2 Posted By: Anonymous 11/13/08