Gold Coast Bank appoints Catsimatidis’ son to board

The bank just opened its first NYC location

New York /
Aug.August 15, 2016 12:36 PM

According to Gold Coast Bank, John Catsimatidis’ son is just the right millennial for its board.

The Long Island bank has appointed 24-year-old John Catsimatidis Jr. to its board, the New York Post reported. The appointment comes shortly after the bank opened its first New York City location in one of the elder Catsimatidis’ buildings.

“We want someone who has expertise in the millennial market,” John Tsunis, chairman of the bank’s board, told the Post. “That’s a huge factor in Brooklyn.”

In July, the bank signed a lease for its first New York City location at Catsimatidis’ 81 Fleet Place in Brooklyn. Tsunis said the lease deal was completed months ahead of the appointment.

Catsimatidis is the owner of the Red Apple Group TRData LogoTINY and Gristedes Foods. He’s had a mayoral run and is consistently one of the biggest political donors among real estate players in New York City. In June, he gave $50,000 to the Trump Victory election fund. He also donated $10,ooo to Long Island Democrat Todd Kaminsky’s campaign[NYP] Kathryn Brenzel 


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
Freddie Mac’s economists said the slowdown will be caused by a hike in mortgage rates and limits on housing supply. (iStock)
Fannie, Freddie say housing market could see slight hiccup
Fannie, Freddie say housing market could see slight hiccup
As office market laguishes, single-tenant buildings pose risk to landlords (iStock)
Single-tenant office buildings face higher risk of default
Single-tenant office buildings face higher risk of default
Steven James and Brad Loe
Elliman’s NYC CEO Steven James jumps to HomeServices
Elliman’s NYC CEO Steven James jumps to HomeServices
HRI executive director Aaron Carr and 700 West 192nd Street (Google Maps, Facebook)
Brooklyn, Manhattan tenants sue landlords over alleged 421a abuse
Brooklyn, Manhattan tenants sue landlords over alleged 421a abuse
135-25 Northern Boulevard and 300 West 30th Street (Google Maps, Studio C Architects)
Self-storage company buys dev site from Home Depot
Self-storage company buys dev site from Home Depot
arrow_forward_ios

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

Loading...