Peter Stephen Kalikow (born December 1, 1942) is President of H. J. Kalikow & Company, LLC, one of New York City's leading real estate firms. He is the former Chairman of the Metropolitan Transportation Authority (MTA), former Commissioner of the Port Authority of New York and New Jersey and past owner and publisher of the New York Post which he bought from Rupert Murdoch in 1988 for $37.6 million and lost to bankruptcy in 1993.
Kalikow at the Concorso d'Eleganza Villa d'Este 2007
|Born||December 1, 1942|
|Occupation||Real estate developer|
|Known for||President of H.J. Kalikow & Company, LLC|
Chairman of the Metropolitan Transportation Authority
Commissioner of the Port Authority of New York and New Jersey
Owner and publisher of the New York Post
|Spouse(s)||Mary Typaldos Jacobatos|
Born to a Jewish family, the son of Juliet and Harold J. Kalikow. Kalikow was raised in Forest Hills, Queens, the grandson of an immigrant from Russia who developed housing on large tracts of undeveloped farmland in Queens in the 1930s and then aided by his son, made a small fortune from the post-World War II housing boom building thousands of six-story apartment buildings. After graduating from Hofstra University, Kalikow began his career in real estate in 1967 and became President of H. J. Kalikow & Co. in 1973. Following his father's death in 1982, Kalikow assumed responsibility for all Kalikow holdings. Kalikow is the third generation to preside over his family's 88-year-old real estate company founded in 1927.
In May 2000, Kalikow was named Chairman of the Grand Central Partnership Board of Directors. The Grand Central Partnership is one of the largest and most successful Business Improvement Districts (BIDs) in New York City. Kalikow is very familiar with the area covered by the Grand Central Partnership, as his company headquarters, 101 Park Avenue, was one of the first new office developments in the area dating back to 1982.
Kalikow is known for his support of Republican political candidates, and endorsed Herman Cain in the United States presidential election, 2012. When Cain dropped out of the race, it was revealed that his "super PAC", called "Cain Connections," was funded by a single $50,000 donation from Kalikow.
In 1982, he was awarded the Israel Peace Medal, Israel's highest civilian award, for his dedication to assisting the nation's development. In November 2008, Kalikow was honored by Consul General of Italy Francesco M. Talo, with the Commendatore in the Order of Merit of the Italian Republic, one of the highest honors bestowed by the Government of Italy. Kalikow is widely recognized as a cultural ambassador for his economic and philanthropic efforts as they relate to Italy.
In 2015, Kalikow, a Hofstra University trustee and alumnus, established the Peter S. Kalikow School of Government, Public Policy and International Affairs at Hofstra with a $12 million gift. Kalikow has been instrumental in enhancing Hofstra's reputation as one of the preeminent universities with a focus on the American Presidency. Prior to this gift, Kalikow endowed the Peter S. Kalikow Chair in Presidential Studies and the Peter S. Kalikow Center for the Study of the American Presidency.
In 1971, he married Mary Typaldos Jacobatos; they have two children, Nicholas Alexander and Kathryn Harold.
Kalikow's son Nicholas Alexander graduated from Columbia University, after majoring in art history. Nicholas works in the film industry. He started his film company, called Film 101 Productions, after first working for his father in real estate for a short while. He was executive producer for a film The Outdoorsmen: Blood, Sweat and Beers, which showed at the Tribeca Film Festival and aired on Spike TV. In 2004, he made a short film called A Funny Thing Happened at the Quickmart, which also showed at the Tribeca Film Festival. He also directed a film, Concrete Blondes, which was released in January 2012 .
Kalikow has been called one of the most famous car collectors in the United States. He speaks with expertise on $250K and more expensive "muscle cars" and is interested in "personal coach building." He has a particular passion for vintage Ferraris of the 50s and 60s. The cars he uses most frequently are his "Californias (LWB and SWB) and of course my 400 Superamerica Aerodinamico." He also commissioned Pininfarina with the design of one-off exclusive car called the Ferrari 612 Kappa. Part of his instructions to Pininfarina was, "The car should be totally rebodied but the style changes should be so slight and fine to allow that no more than 10% of Ferrari experts to catch them at first glance." In doing this project, the small adjustments he asked for meant that body panels needed to be completely redesigned in order for the car to meet standards. To work on the project, he received daily emails and made three or four trips to Torino to get the touch and feel of the car. He also owns the Ferrari Superamerica 45, celebrating Kalikow's 45th year as a Ferrari customer. In 1972, Kalikow started the Momo car company. He "self-made" six models of the 1972 Momo Mirage, and in 2009 FedExed the one he owned to Como, Italy. In 2006, he placed "best in show" at Villa d'Este, Como, Italy, for his Ferrari 410 SA Coupé Pinin Farina #1449 SA. In another event, his 1959 Ferrari, a Superamerica 410, valued at $1 million at the time, suffered damage on a Singapore Airlines flight from Zürich to New York in May 2006. The car had been at Lake Como, Italy at a car show. Jet fuel spilled on the car while in transit. Insurance covered $32,157 worth of damages.
In December 2005, the Transport Workers Union Local 100 (TWU) called a strike in New York City. Negotiations for a new contract with the Metropolitan Transportation Authority (MTA) broke down over retirement, pension, and wage increases. The strike began at 3:00 a.m. EST on December 20, 2005. Most New York City Transit Authority and MTA Bus Company personnel observed the strike, effectively halting all service on the subway and buses, except for routes operated from the Spring Creek Depot, where workers represented by ATU Local 1181/1061 had a contract in force after striking against the predecessor operator, Command Bus Company, the previous year. Millions of commuters were affected. The strike officially ended at 2:35 p.m. EST on December 22, 2005. Service was restored overnight, with all transportation systems fully operational by the morning commute of the 23rd.On December 27, 2005 the executive board of Local 100 of the TWU accepted a 37-month contract offer from the MTA. The 37-month length was crucial, as the last contract ended on December 15, causing disruption of the New York City economy just in the middle of the holiday season. Now the next contract would expire in mid-January. (However, to the shock of many commuters, the union workers rejected the new contract by 7 votes – 11,234 to 11,227 – in a vote on January 20, 2006, but overwhelmingly approved it three months later, even though the offer had been legally retracted.)
This was the third strike ever against New York City's Transit Authority. The first was a 12-day walkout in 1966 which prompted the creation of New York's Taylor Law. The second was the 11-day 1980 strike. The 2005 strike, which took place during the busiest shopping week of the year, had significantly affected the local economy since many people had then chosen to avoid shopping in New York by either shopping online, or by postponing purchases.On April 10, 2006, Justice Theodore T. Jones sentenced Local 100 President Roger Toussaint to ten days in jail and a week later, the union was fined 2.5 million dollars and the automatic deduction of dues from all members was suspended.Adam C. Hochfelder
Adam C. Hochfelder (born 1971) is an American real estate executive who co-founded the real estate firm Max Capital in 1996, with members of the powerful Kalikow real estate family. At its peak, Max Capital had ownership or management stakes in 8,000,000 square feet (740,000 m2) of space, including the Helmsley Building and the Conde Nast Building. His portfolio was valued at as much as $2.7 billion at its peak. Some of the nation's largest institutions invested side by side with Hochfelder including JP Morgan, Citigroup, Wells Fargo, Goldman Sachs, Credit Suisse and Fidelity. He bought out Peter S. Kalikow from his partnership because of a soured relationship in 2002. Hochfelder paid Kalikow $35 million, of which $18 million was Hochfelder's own money, and he borrowed $17 million from banks to help finance the buyout of Kalikow. Some of the loans were collateralized in a manner inconsistent with reporting regulations. Hochfelder voluntarily paid back all of the money to complete the transaction. Due to NYS regulations, he was obligated to serve 14 months in a NYS program. Hochfelder is known as the "Wharton Whiz Kid" for his ability to financially structure and acquire some of NYC's largest properties which helped him generate multimillion-dollar deals. Currently, Hochfelder is the Managing Director of Real Estate Acquisitions & Development at Merchants Hospitality.Al D'Amato
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