Back in October 2019, Mandelbaum and wife Karen dropped $23.4 million on a Central Park South condo in a building, naturally, built by Roths Vornado. Thorough reviews have been conducted to assure this data accurately reflects disclosures. As a member of Board of Directors at VORNADO REALTY TRUST, There are 15 executives at Vornado Realty Trust getting paid more, with Haim Chera having the highest compensation of $26,488,800. Ms. Puri has been a member of the Board of Directors of Alexanders since March 2020. In addition, he makes $10,811,403 as Non-Exec. [16] He served as one of the top economic advisers to Donald Trump's 2016 presidential campaign in 2016[17] and was included in a March 2017 White House meeting on the Trump Administration infrastructure plan. He is a partner at the law firm of Mandelbaum & Mandelbaum. Since June 2013, Mr. Fascitelli has been the owner and principal of MDF Capital LLC (a private investment firm). Biography. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. He received 140,037 votes, more than 12,000 votes ahead of incumbent Republican Assemblyman Philip Lindeman. Mr. Roth served as a Trustee of Dartmouth College from 2008 to 2016 and was Chair of the Finance Committee. He serves as trustee of Vornado Realty Trust and as director of Alexander's, Inc., real estate investment trust. Mandelbaum and wife, Karen, have been married for more than 40 years. David Mandelbaum and Russell Wright, who founded development firm Interstate Properties with Roth in the 1960s and are both trustees at Vornado, also gave $69,700 apiece. from Dartmouth College and in 1963, he graduated with a M.B.A. from the Tuck School of Business at Dartmouth. David Mandelbaum is the largest individual Vornado Realty Trust shareholder, owning 20.36M shares representing 10.61% of the company. Dan gave Hochul $44,700. Mandelbaum has . All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Vornado's 220 Central Park South sees a $55M closing, Free and clear: Vornado pays off debt at 220 CPS, What Vornado plans to do with the massive profits from 220 CPS. [7], In the 1980s, Donald Trump bought the West Side Yards, an abandoned railroad yard along the Hudson River in midtown Manhattan, but in the 1990s was forced by his bankers to sell 70% to a group of Hong Kong investors. Larry Silverstein, who purchased the World Trade Center in early 2001 and has since been involved in development in the area. Since 1968, he has been a general partner of Interstate. since 1967 and holds a law degree from Harvard. As the Independent Trustee of Vornado Realty Trust, the total compensation of David Mandelbaum at Vornado Realty Trust is $225,063. [8] In 2017, Roth was paid $2 million in dividends on shares in firms that he does not own. In 2005, he joined the ownership group that purchased the Minnesota Vikings of the National Football League. Reporting on this payout, Crains News York noted that Vornado is one of at least 10 New York companies that pay executives dividends on shares they dont own, a form of compensation that exists because companies regularly grant executives restricted shares that dont vest for several years.[8], The Associated Press reported in June 2017 that Vornado was one of three finalists for a $1.7 billion contract to build a new headquarters building in Washington D.C. for the FBI. The couple has four sons, Richard, Michael, Jeffrey and Jonathan and resides in Livingston, NJ. He earned his undergraduate degree at Princeton . The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. A Jennifer Ross, who shares a name with his daughter, also gave the max, as did Related CEO Jeff Blau and his wife Lisa. Vornado Realty Trust's CEO is Steve Roth, appointed in Apr 2013, he has a tenure of 10yrs. The semi-private landing leads into a foyer decorated with silver leaf, while the living and dining rooms, as well as the den, contain macassar ebony paneled accent walls. In 1979, Interstate purchased an interest in the New Jersey discount appliance chain, Two Guys and later gained control of its parent company Vornado, a former fan manufacturer (purchased by Two Guys in 1959 to utilize its tax loss carryforwards)[5] and dissolved the chain, turning the stores into strip malls. David Mandelbaum, minority owner in the Vikings, has a son, Michael Mandelbaum, entering a pretrial intervention program for domestic assault. Sheryl Tishman, wife of Tishman Construction CEO Dan Tishman. You may also find the annual proxy statement by going directly to the company's website. David Mandelbaum, a lawyer, has had his fortunes closely tied over the years to Roth, CEO of Vornado, the largest commercial landlord in New York City. From September 1998 until February 2015, Ms. Hamza Bassey was an attorney with Hughes Hubbard & Reed LLP where she served as a partner, a member of the firms Executive Committee and Chair of the Africa Practice. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. [9] They have four sons: Richard, Michael, Jeffrey and Jonathan. Kathy Hochuls record-breaking $21.9 million fundraising haul reported this week came from donors who gave $250 or less. Vornado Realty Trust Management - Simply Wall St Ms. Puri has been an independent consultant since May 2013. Steven Roth - Biography - MarketScreener.com Mr. Mandelbaum owns over 10,000 units of Vornado Realty Trust stock worth over $146,800 and over the last 18 years he sold VNO stock worth over $0. It takes less than ten minutes to set up your company page. Since 1968, he has been a general partner of Interstate. Vornado Realty Trust (NYSE: VNO) is owned by 90.71% institutional shareholders, 25.79% Vornado Realty Trust insiders, and 0.00% retail investors. Mandelbaum is a Harvard-educated attorney who formed Interstate Properties investment partnership with Steven Roth and Russell Wight in 1968. His efforts were very successful[6] and in 1980, he founded the New York-based real estate investment trust Vornado Realty Trust. In addition, he makes $225,063 as Independent Trustee at Vornado Realty Trust. Russell B. Wight: Personal Network 03/03