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When Victims Rule (pdf)

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MONEY, CLASS, AND POWER<br />

of the face of Chicago over the last half century.” [OLIVER, p. A16] He is largely<br />

responsible for the planned Chicago suburb of Park Forest and he owned the<br />

downtown landmark Water Tower Place.<br />

In Washington DC, yet another Jewish real estate king, Charles Smith, controlled<br />

“Washington’s greatest real estate fortune.” [HAGGERTY, M. p. F10] His<br />

son Robert, and son-in-law Robert Kogod today run an empire of 2,000<br />

employees, 14,000 apartment units (20,000 counting the ones they also manage),<br />

and interests in 54 office buildings. Their total worth was estimated by the<br />

late 1980s to be $3-5 billion. Other area Washington area Jewish real estate<br />

moguls include the Hafts, Mort Zuckerman, Albert Abramson, Ted Lerner, Bernard<br />

and Carol Gewirz, Robert Rosenthal, Estelle Gelman, Hermen Greenberg,<br />

Abe Pollin, Myer and Adrienne Arsht Feldman, Joel Meisel and Barry Cohen,<br />

among others. [REGARDIE’S, p. 64-] As Barbara Matusow notes about an earlier<br />

Jewish generation in the nation’s capitol:<br />

“Morris Pollin eventually became a leading builder and developer in<br />

the area – the path to wealth for so many other Jews of humble origins<br />

… Abraham Kay parlayed his earnings from a grocery store on Capitol<br />

Hill into vast landholdings in the suburbs. Morris Cafritz, the city’s richest<br />

developer, used to hawk newspapers… Nearly all the other first generation<br />

success stories – car dealer Joe Cherner, Giant Food’s patriarch<br />

Nehemiah Cohen, Macke Vending’s Hyman Goldberg, lumber merchant<br />

Isadore Turover – also had major holdings in real estate.” [MA-<br />

TUSOW, B., MAY 2000, p. 79]<br />

In Houston, Jewish real estate mogul Jerry Moore is worth over $400 million,<br />

owning over 140 shopping centers. Forbes noted that he bought<br />

“shabby, low-profit but promising strip centers and turn[ed] them<br />

into born-again cash machines … Moore lives with his wife in an authentic<br />

18th-century, 40-room French château (transported from<br />

France and reassembled in Houston’s ritzy Memorial section). He owns<br />

22 Ferraris, 14 Rolls Royces, and over 200 well-restored antique Dusenbergs,<br />

Packards, and other vehicles.” [FIELD, p. 32]<br />

Elsewhere in Houston, David Mincberg owns “one of the largest apartment<br />

firms in the city.” [HOUSTON CHRONICLE, 1998] He is also chairman of the<br />

Harris County Democratic Party and president of the Jewish Federation of<br />

Greater Houston.<br />

Also in Texas, based in Dallas, the Centex real estate company “is one of the<br />

nation’s largest home builders, with operations in 53 markets in 19 states.”<br />

[NEW YORK TIMES, 9-3-98] Its CEO is also Jewish, Laurence Hirsch.<br />

In Boston, “the young professionals who began favoring Boston as a place<br />

to live around the time of the Vietnam War are ensconced in their lairs, many<br />

of them either built or financed by [Mark] Goldweitz.” [ROBINSON, p. 61] In<br />

2000, Jerome Rappaport sold his massive Charles River Park development –<br />

apartments and condos – for $300 million. [Van Voorhis, S., 2-14-00] Other<br />

Jewish real estate moguls in Boston include “the Krupp brothers, Philip and<br />

William, who made a killing in real estate,” as well as Stephen Karp, Julian<br />

964

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