The Lefrak Organization became a partnership in 1940 when Samuel Lefrak, Harry ’s only son, joined the firm, buying a piece of the business. As Brooklyn filled up, the Lefrak Organization switched to building apartment houses for middle-income families, constructing more than 400 such buildings in the metropolitan area.
After some personal reverses, Harry Lefrak sold the glass factory in 1919 and began erecting row houses in Brooklyn, eventually constructing entire blocks of homes in the Bedford-Stuyvesant area. He had learned glazing and carpentry from his grandfather and father and with the latter founded what was to become known as the Lefrak Organization in 1905, concentrating its efforts on manufacturing customized lamps for Louis Comfort Tiffany. Russian-born Harry Lefrak came to the United States from Palestine as a youth about 1900, arriving in New York City with $4 in his pocket. From Glazier to Mass Market Builder: 1905 –60 In addition, the Lefrak Organization was the holding company for Lefrak Oil & Gas Organization (LOGO), engaged in exploration, and Lefrak Entertainment, which operated the record label LMR, owned stage and movie theaters, and produced movies and Broadway and television shows. The organization, a family holding company consisting of hundreds of subsidiaries, also controlled millions of square feet of office and retail space in projects that it developed.
It was the nation ’s eighth largest owner of multifamily apartment buildings in the United States, with 61,000 units -all or most in New York and New Jersey -including Lefrak City and the residential portions of Battery Park City and Newport. was, by the late 1990s, one of the largest private real estate development companies in the world. Private Company Incorporated: 1905 Employees: 16,000 Sales: $2.75 billion (1997 est.) SICs: 1382 Oil & Gas Field Exploration Services 6513 Operators of Apartment Buildings 6552 Land Subdividers & Developers, Except Cemeteries 7812 Motion Picture & Video Tape Production 7922 Theatrical Producers (Except Motion Picture) & Miscellaneous Theatrical Services 97-77 Queens Boulevard Rego Park, New York 11374 U.S.A.
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