He is chairman and CEO of LeFrak, a privately held, family-run company based in New York City that owns, develops, and manages real estate.
[1] LeFrak was born in 1945 to a Jewish family[2] in New York City, one of four children of Ethel Stone and real estate developer Samuel J.
The area is now known as Newport, a 600-acre neighborhood with 8 office buildings, 13 apartment towers, 2 hotels, an urban beach, schools, a retail mall, and parks.
[8] In 2012 LeFrak purchased a stake in a South Beach, Miami luxury mixed-use property, including a hotel formerly known as the Gansevoort.
[22] In 2017, St. Joseph's Chapel, the Catholic September 11 Memorial at the World Trade Center, located in the Gateway Plaza in Battery Park City, was threatened with closure due to the St. Peter's parish's reluctance or inability to pay a tripling of its rent by a management company run by LeFrak corporation and partners.
[30] LeFrak had previously called Trump, a fellow real-estate developer, "a dear friend".