Saul Katz

Saul Katz

Saul B. Katz
Born 1939 (age 75–76)
Ethnicity Jewish
Education B.A. Brooklyn College
Occupation real estate developer
Known for co-founder of Sterling Equities
President of the New York Mets
Spouse(s) Iris Wilpon
Children Heather Katz Knopf
Natalie Katz O’Brien
David M. Katz (born 2000)
Family Fred Wilpon (brother-in-law)

Saul Katz (born 1939) is the President of the New York Mets.

Biography

Born to a Jewish family[1][2][3] in Brooklyn[4] he graduated from Brooklyn College in 1960[5] with a degree in accounting. In 1972, he cofounded Sterling Equities, a commercial real estate development company, with his brother-in-law Fred Wilpon.[6] They built a development of townhouses in in Tarrytown, a suburb in Westchester County which was very successful.[7] Seeking to minimize their tax obligations, they purchased real estate throughout the country that had favorable tax treatment[7] which turned out to be a boon since they were unknowingly buying property at the bottom of the market.[7] In addition, he serves as the President of the Brooklyn Cyclones, a Mets minor league affiliate.[8]

Personal life

Katz is married to Iris Katz, sister of the Mets managing partner Fred Wilpon.[7] They have three children: Heather Katz Knopf, Natalie Katz O’Brien,[4] and David M. Katz.[9] The Katzes live in Glen Cove, New York and have a summer home in Boca Raton, Florida.[7]

References

  1. ^ Record Pilot: "Chabad Bids Shalom...Festival of Lights Illuminates Village Square By Carla Santella December 14, 2007
  2. ^ Jewish Foundation for the Righteous: "On Monday, December 1, 2014, the JFR will honor Iris and Saul Katz with the Foundation’s Recognition of Goodness award" retrieved October 24, 2014
  3. ^ New York Times: "Paid Notice: Deaths KATZ, ROSE" September 23, 2003
  4. ^ a b New York Post: "Mets’ owners’ kin made millions from Madoff: suit" By Kathianne Boniello February 6, 2011
  5. ^ Brooklyn College Foundation Board of Trustees retrieved October 24, 2014
  6. ^ Sports Illustrated: "Pays The Price" by Tom Verducci May 30, 2011
  7. ^ a b c d e The New Yorker: "Madoff’s Curveball - will Fred Wilpon be forced to sell the Mets?" by Jeffrey Toobin May 30, 2011
  8. ^ http://www.brooklyncyclones.com/team/owners/index.html?staff_id=12
  9. ^ New York Times: "In Real Estate, New Faces, Old Names" By DAVID W. DUNLAP March 20, 1994