Russell W. Galbut
Russell W. Galbut | |
---|---|
Born |
c. 1954 Miami Beach, Florida, U.S. |
Residence | South Beach, Miami Beach, Florida, U.S. |
Alma mater |
Cornell University University of Miami School of Law |
Occupation | Lawyer, real estate developer, philanthropist |
Spouse(s) | Ronalee Eisenberg |
Parent(s) |
Hyman P. Galbut Bessie Galbut |
Relatives |
Bruce Menin (cousin) Julie Menin (cousin-in-law) Jared Galbut (nephew)[1] |
Russell W. Galbut (born c. 1954) is an American lawyer, real estate developer and philanthropist. He is the co-founder of Crescent Heights, a real estate development company.[2]
Early life
Russell W. Galbut was born to a Jewish family[3][4] in Miami Beach, Florida circa 1954.[5][6] His paternal grandparents, Abraham and Bessie Galbut, settled in Miami Beach in 1931[7] where they opened a 24-hour drugstore-restaurant which became the go-to place for local politicians.[8] His father, Hyman P. Galbut, who was an attorney who also served as a captain in the United States Navy[9] and as a city commissioner.[8] His mother, Bessie Galbut, was a philanthropist; the Bessie M. Galbut Daughters of Israel Mikvah Center in Miami Beach is named in her honor.[9] Galbut has three brothers: Dr. Robert Galbut, Dr. David Galbut and Abraham Galbut.[9] He is a graduate of Rabbi Alexander S. Gross Hebrew Academy.[10]
In 1974, he graduated from the School of Hotel Administration at Cornell University.[5] In 1980, he received a JD from the University of Miami School of Law.[6]
Career
Galbut started his career at Laventhol and Horwath, an accounting firm which went bankrupt in 1990.[5] Meanwhile, he became a real estate developer in Miami where he built apartment buildings and shopping malls.[5] He later built a chain of retirement facilities in South Florida.[5] In 1983, he acquired The Shelborne, a hotel in Miami.[5]
With his cousin Bruce Menin and business partner Sonny Kahn, Galbut co-founded Crescent Heights, a real estate development company, in 1989.[5][7] In Miami Beach, they built "the Alexander, the Decoplage, Carriage Club, and the Casablanca".[7] They also built "35,000 residential units" across the United States.[7] In 1991, he argued that Miami Beach should have topless beaches to attract European tourists.[11]
Galbut serves on the board of directors of Norwegian Cruise Line.[12]
Philanthropy
Galbut serves as the chairman of Colel Chabad, a non-profit organization which runs soup kitchens in Israel.[5] Additionally, he serves on the Board of Trustees of the Simon Wiesenthal Center in Los Angeles, California.[13]
Galbut serves on the Advisory Board of the Center for Real Estate and Finance in the School of Hotel Administration at his alma mater, Cornell University.[5]
Personal life
Galbut resides in South Beach, a neighborhood of Miami Beach, Florida.[14] His father-in-law is Miami Beach commissioner Sy Eisenberg.[8]
References
- ↑ "Jared Galbut". Menin Hospitality. Retrieved February 23, 2016.
- ↑ "Will Miami Beach make a deal with Russell Galbut?". The Real Deal Miami. 2018-04-10. Retrieved 2018-09-05.
- ↑ Miami Herald: "Bessie Galbut, matriarch of pioneering Miami Beach family, dies at 92" by Howard Cohen February 06, 2015
- ↑ "Billionaires' Bid Had 1 Condition". COLlive. November 16, 2014.
- 1 2 3 4 5 6 7 8 9 "Russell Galbut '74". School of Hotel Administration. Cornell University. Retrieved February 20, 2016.
- 1 2 "Company Overview of Norwegian Cruise Line Holdings Ltd.: Russell W. Galbut". Bloomberg Business. Retrieved February 20, 2016.
- 1 2 3 4 Warech, Jon (May 1, 2015). "The Secrets to the Galbut Family's Success". Ocean Drive Magazine. Retrieved February 20, 2016.
- 1 2 3 Semple, Kirk (April 6, 1994). "Hot Properties". Miami New Times. Retrieved February 27, 2016.
- 1 2 3 Cohen, Howard (February 6, 2015). "Bessie Galbut, matriarch of pioneering Miami Beach family, dies at 92". Miami Herald. Retrieved February 23, 2016.
- ↑ "Leadership Spotlight – Russell Galbut". Miami'sCommunity Newspapers. November 22, 2013.
- ↑ "Topless beaches proposed in Florida". Logansport Pharos-Tribune. Logansport, Indiana. March 18, 1991. p. 43. Retrieved February 24, 2016 – via Newspapers.com. (Registration required (help)).
- ↑ "Board of Directors". Norwegian Cruise Line. Retrieved February 23, 2016.
- ↑ "SWC Board of Trustees". Simon Wiesenthal Center. Retrieved February 20, 2016.
- ↑ McCoy, Terrence (February 14, 2014). "MILLIONAIRE RUSSELL GALBUT BUILDING INSANE MANSION ATOP SOBE PARKING GARAGE". Miami New Times. Retrieved February 23, 2016.