CEO, New York Private Bank & Trust

HOWARD P. MILSTEIN continues a family tradition of business success and philanthropy in its third generation. Prolific builders of large scale office buildings and apartment houses since WWII and well known as one of the "New York real estate families", the Milstein family branched out into corporate America in the 1960's leading such companies as United Brands and Starrett Housing Corporation, and into the banking business in the 1980's where they brought their financial acumen to bear turning Emigrant Savings Bank into the largest privately owned bank in the country with $10 billion in assets and $1 billion in equity.

Mr. Milstein is Chairman and CEO of the family's business operations, including New York Private Bank & Trust Corporation (the holding Company for Emigrant Savings Bank), Milstein Properties, and various Milstein Brothers operations in real estate development, which he owns along with his brother Edward. Mr. Milstein Chairs as founding partner FriedbergMilstein, an alternative asset investment manager for institutions, and MB Real Estate, a national leasing and management firm based in Chicago and New York.

Milstein Family generosity has made a difference at many New York institutions, including: the Milstein Hospital Building at Columbia Presbyterian Medical Center; the Milstein Hall of Ocean Life at The American Museum of Natural History; the Milstein Division of Local History, American History and Genealogy at the New York Public Library, and the Milstein National Cord Blood Center at the New York Blood Center, which Mr. Milstein chairs.

Mr. Milstein’s other civic and philanthropic efforts include: Chairman of the American Skin Association; trustee emeritus and presidential counselor, Cornell University, and overseer, Cornell Medical College. He is a member of the Cornell Investment Committee and chairs its Real Estate Committee; he is a member of the Harvard Law School Visiting Committee, and of the Executive Committee of the HLS Dean’s Advisory Board. He is also a member of the Confrerie des Chevaliers du Tastevin, a director of the United Hospital Fund, and serves on the board of the UJA Federation, where he chairs its New York Leadership Forum.

In Washington, DC, he serves on the national board of the Smithsonian, and on the boards of the Corcoran Museum and the Shakespeare Theatre. Mr. Milstein earned a B.A. in economics summa cum laude from Cornell in 1973 and earned a J.D./M.B.A. from Harvard in 1977.


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