[2] Nederlander graduated from the University of Michigan, where he played on the school's tennis team, and earned a J.D.
[2] After his father's death in the 1960s, the Nederlander brothers continued to purchase theaters[2] expanding nationally with Jimmy moving to New York City, Harry to San Francisco, and Joey remaining in Detroit.
[2][5] He was also named the chairman and chief executive officer of the Allis-Chalmers Manufacturing Company in 1989.
[7] In 1990, when Steinbrenner was banned from the Yankees for his association with a known gambler (whom he had hired to find dirt on Dave Winfield),[8] Nederlander became the Yankees' managing general partner (Steinbrenner's oldest son, Hank, had declined the position).
[5] Nederlander resigned from the role, effective December 31, 1991,[9][10] and was succeeded by Joe Molloy.