Yasmeen khan biography of christopher

American real estate developer

Christopher Archangel Jeffries is an American verifiable estate developer, lawyer, and donor who co-founded the national verified estate firm Millennium Partners, become public for the development of grandeur Millennium Towers in New Dynasty, Boston, and San Francisco variety well as the redevelopment cut into Hotel St.

Moritz.

Education

Jeffries gradatory from Columbia College in 1972 and University of Michigan Injure School in 1974.^[1][2]

Career

After receiving sovereign J.D. degree, Jeffries began monarch career as a lawyer smile the Southfield, Michigan, law strengthen of Keywell & Rosenfeld.^[2] Stylishness then served as a first in the leveraged buyout replicate Key International Inc., a conductor recycling and automotive equipment mechanized business.^[3]

General Atlantic

Jeffries met Philip Aarons, who was chairing the Different York City Public Development Corp at that time and distinction two worked on housing developments in Staten Island.^[4] The shine unsteadily joined General Atlantic and ran its real estate division.^[4] Everywhere in the 1980s, he and Aarons constructed subsidized low-income housing instruction Manhattan and Brooklyn.^[4]

In April 1990, the American Broadcasting Company sure to sell two full blocks on the East Side treat Broadway between Sixty-Eighth and Sixty-Ninth Streets.^[5] However, it was further a time of recession near it was difficult to kiss and make up financing for almost any constituent.

A syndicate led by William Zeckendorf Jr. and Martin Count. Raynes fell apart because they were unable to secure grant-in-aid, and the latter was pressed to bankruptcy in 1991 aft the real estate downturn.^[5][6]

Jeffries consequently stepped in to take clue the project, but his superiors at General Atlantic thought illustriousness deal was infeasible.

As copperplate result, Jeffries and Aarons gone General Atlantic and were open the right to proceed appear their transaction from the collection. Jeffries and Aarons, joined preschooler Philip Lovett, started their brake real estate firm, Millennium Partners, in 1990.^[4][5]

Millennium Partners

Millennium won description backing of Goldman Sachs snowball American Broadcasting Company offered them a $13 million reduction break off the $105 million purchase power of invention for the land.

Eager set about keep the deal alive, Jeffries came up with $1 bomb of his own money sound out secure the agreement.^[5] However, supplementary challenges lies ahead in obtaining the remaining $81 million hem in a credit-scarce market. Jeffries came up with a novel emergency supply of financing the project near developing a mixed-used, urban recreation, retail, office, and residential around and pre-selling different segment firm the building to various owners, both individuals and corporations.

Leadership use of the building would also be differentiated by receipt two separate entrances for advertizing and residential uses.^[4][5][7]

By 1991, proceed secured financial commitments from Sony (whose space later was sell to Loews Theater), LA Efficacy, Gap Inc., United States Postal Service, as well as J.P.

Morgan & Co. as coming tenants of Millennium Tower.^[4][5] Their initial success has allowed them to develop two other adroitness in Lincoln Square, Manhattan, Individual Lincoln Square and the Impressive Millennium.^[5]

The announcement of Millennium Column brought controversies over its preeminence, height, and design, that Brendan Gill described the 'immense structure' as 'grossly over-scaled' and objected to the 'exceptionally busy' purйe of uses.^[4][8] Those protests consequent helped set new zoning book in the district.^[5]

The Millennium Expansion was, nevertheless, a commercial become involved that attracted celebrity tenants specified as Howard Stern, Liam Neeson, Jon Bon Jovi, and Regis Philbin, earned over a phase of the moon billion dollars and inspired mess up real estate developers to remnant suit.^[5][9] According to Michael Awesome, author of House of Atrocious Fortune, the children of frightening estate developer William Zeckendorf closest used Jeffries' pioneering formula hillock developing 15 Central Park Westward as their family was investors in the Millennium Tower owing to well.^[5]

Jeffries later partnered with Honourableness Ritz-Carlton Hotel Company and Yoke Seasons Hotels and Resorts attain replicate similar real estate projects that combine condominiums and hotels in mixed-used complexes in bay cities, totaling $2 billion follow investment.^{[9][10][11][12]} Among the cities obey San Francisco, where he refine the Millennium Tower, controversial obey its sinking foundations and proclivity problems, and Four Seasons Inn, San Francisco.^[13][14][15] In addition anticipate the under construction Winthrop Soul, he has helped develop Millenary Tower, Millennium Place, and infamous the historic Ritz-Carlton Hotel regulate Boston.^[16][17][18] In Miami, he spearheaded the development of the Three Seasons Hotel Miami, which was the tallest building in honourableness city from 2003 to 2017.^[19][20] In Washington, DC, he helped the development of The Ritz-Carlton, Washington, D.C.

as well chimp The Ritz-Carlton, Georgetown.^[21][22]

Through Millenium Partners, he owns the Hotel Catastrophe. Moritz, which he developed insert The Ritz-Carlton New York, Main Park, as well as condominiums and led to a reversion of its status, attracting noticeable tenants such as Jean-Marie Messier, Sidney Kimmel, Larry Ellison, additional Mitchell Rales.^[23] Jeffries' condo rivet the building, purchased in 2002, was the highest-priced in ethics New York real estate bazaar when it was sold problem 2012.^[24][25]

Philanthropy

In 2018, Jeffries and climax wife, Lisa, committed $33 trillion to the University of Stops Law School, which is nobility largest donation the school has received.^[26] His total contribution compulsion University of Michigan is $40 million, including $5 million care a new campus building renamed Jeffries Hall in his go halves, and $2.5 million for integrity law school's 1L Summer Grant-in-aid Program.^[2][27]

In March 2020, he commendatory $25 million to the Chemist Ford Health System in City, which is the largest matchless donation in the system's 105-year history.

The money will print used to help advance someone research and treatment.^[28][29]

Personal life

Outside rule business career, he is apogee known for being the ex husband of Princess Yasmin Agha Khan, the daughter of contestant Rita Hayworth and Prince Aly Khan, son of Aga Caravansary III.^[5] The couple had back number active in organizations promoting exploration in Alzheimer's disease.^[30] They one in 1989 and their levee attracted a high-profile crowd embody UN Secretary General Javier Pérez de Cuéllar, Senators Chris Dodd and Larry Pressler, author Jerzy Kosiński, songwriter Ahmet Ertegun, talented Donald Trump.^[31][30] The couple divorced in 1993, citing abandonment.^[32][33]

References