Everything about Harry Helmsley totally explained
Harry B. Helmsley (
March 4,
1909 –
January 4,
1997) was a
real estate mogul who built a
company that became one of the biggest
property holders in the
United States. Part of his company's portfolio at one time included the
Empire State Building,
The Helmsley Palace, The Park Lane Hotel, The Helmsley Middletowne Hotel, The New York Helmsley Hotel (a.k.a. The New York Harley), The Helmsley Windsor Hotel, The St. Moritz (now Ritz Carlton), The Carlton House hotels, the
Harley Hotel chain and
The Helmsley Building in
New York City.
His widow,
Leona Helmsley — notoriously called the "Queen of Mean" — was convicted in 1989 on federal charges of
tax evasion in a celebrated trial. Harry had been
indicted along with Leona, but it was determined that he was far too ill physically to stand trial and too weak mentally to be capable of assisting his
attorneys in his own defense, one of the legal standards which allows crimes to go unprosecuted on the grounds of mental defect of the defendant.
In 1980, Mr. Helmsley received
The Hundred Year Association of New York's Gold Medal Award "in recognition of outstanding contributions to the City of New York."
Early career
He attended Evander Childs High School in The Bronx. He didn't go to college. At age 16, he began learning the real estate business, and started working for Dwight Veerhis & Perry, where he rose from an office boy (for $12 a week) to broker to partner. He eventually purchased the firm in 1938, renaming it Dwight Voorhis & Helmsley.
Also in 1938, he married Eve Ella Sherpick Green, a widow.
In 1955, he acquired business competitor Spear & Company, which became Helmsley-Spear and expanded his holdings in lower Manhattan. He purchased real estate firm Brown Harris Stevens, which brought him into rental and cooperative apartment sales and management; it was also where he hired Leona Roberts in 1970 as senior vice president.
He divorced his first wife Eve in 1971 and married Leona in 1972.
Death
Harry Helmsley died of
pneumonia at a
hospital in
Scottsdale,
Arizona, and left all of his empire ($5.5 billion) to his wife Leona. His remains were initially entombed at
Woodlawn Cemetery in the Bronx, New York, but later moved to
Sleepy Hollow Cemetery in Sleepy Hollow, NY
(External Link
).
Further Information
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