Leona Helmsley dead at 87

New York /
Aug.August 20, 2007 12:00 AM

Leona Helmsley, the developer and hotelier who was convicted on federal tax evasion charges, has died at 87. She died of heart failure at her summer home in Greenwich, Conn., said her publicist, Howard J. Rubenstein. Known as the “queen of mean,” she and husband Harry B. Helmsley once controlled the Empire State Building, 230 Park Avenue and the east side’s Tudor City apartment complex. They developed the Park Lane Hotel, the New York Helmsley Hotel and the Helmsley Palace Hotel and once held $5 billion in property. She actively managed the company, pushing for condo conversions when the trend was still new. Helmsley was convicted of evading $1.2 million in federal income taxes in 1989. Employees testified at the trial that she mistreated them. A former housekeeper testified that the magnate said; “We don’t pay taxes. Only the little people pay taxes,” which Helmsley denied.
more [NYT]
more [AP via Yahoo]
more [Bloomberg]
more [Post]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Assembly member Pamela Hunter and Sen. Julia Salazar (Facebook, Getty)
Next up: Coalition pushes for good cause eviction
Next up: Coalition pushes for good cause eviction
Triangle Junction at 2201 Nostrand Ave (Google Maps, Getty)
Aldi signs lease for 20K-sf store in Flatbush
Aldi signs lease for 20K-sf store in Flatbush
Greg Norman with 382 South Beach Road and 12227 Tillinghast Circle (Getty, Shawn Hood Media, Google Maps)
Greg Norman picks up Palm Beach Gardens manse after selling Jupiter Island estate for $55M
Greg Norman picks up Palm Beach Gardens manse after selling Jupiter Island estate for $55M
Texas courts ignore federal ban on evictions
Texas courts ignore federal ban on evictions
Texas courts ignore federal ban on evictions
An aerial of 341-347 Madison Avenue and Boston Properties CEO Owen D. Thomas (Google Maps, Real Estate Roundtable)
Boston Properties moves forward with teardown of ex-MTA HQ
Boston Properties moves forward with teardown of ex-MTA HQ
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...