The Closing: Richard LeFrak

Richard LeFrak (Photo: Studio Scrivo)

Richard LeFrak (Photo: Studio Scrivo)

From the April issue: Richard LeFrak is chairman and CEO of the LeFrak Organization, a company started by his great-grandfather, Aaron, in 1905. LeFrak became president in 1975 and took full control of the firm in 2003 after the death of his father, Samuel. Today, the Manhattan-based business owns more than 40 million square feet of residential, office, retail and hotel properties in New York, Los Angeles, London and Miami. Locally, the LeFrak Organization controls seven Midtown office towers, including 40 West 57th Street and LeFrak City, a massive 20-building apartment complex in Queens. [more]

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