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Alan B. Slifka

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Alan B. Slifka
Born(1929-10-13)October 13, 1929
New York City, United States
DiedFebruary 4, 2011(2011-02-04) (aged 81)
New York City, United States
EducationHarvard University, M.B.A.
Yale University
Occupation(s)Securities analyst, investor, philanthropist
Employer(s)Halcyon Asset Management, founder and co-chairman
L.F. Rothschild & Company
Known forThe Abraham Fund Initiatives
Big Apple Circus
Joseph Slifka Center for Jewish Life at Yale University
Alan B. Slifka Foundation
Spouses
  • Jacqueline W. Slifka (div.)[1]
  • Virginia Bayer Slifka (div.)[1]
  • Riva Ariella Ritvo-Slifka (m. 2004)[1]
Children3
AwardsKnesset Prize for Coexistence, 2000

Alan Bruce Slifka (October 13, 1929 – February 4, 2011) was a New York investor and philanthropist, a co-founder of the Abraham Fund, and founding chairman of the Big Apple Circus. He was a native of Manhattan, New York City.[2]

Education

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Slifka's father was Joseph Slifka, who owned textile and real estate businesses, was a developer of apartment buildings, and died in 1992.[1][3][4] Slifka and his twin sister Barbara were initially home schooled by their mother, Sylvia.[5][6][7] This provided an opportunity for the twins to learn the importance of moral values and the basics of coexistence. In the fourth grade, the twins began studying at the Ethical Culture Society's Fieldston School.[8]

Slifka graduated from Yale University in 1951, where he worked on the business staff of campus humor magazine the Yale Record.[9] He then went on to earn a Master's degree in Business Administration at Harvard University in 1953.[4]

Professional background

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Following his graduation from Harvard, Slifka joined the financial firm L.F. Rothschild & Company, where he worked as a securities analyst for 32 years, rising to partner before leaving to start his own company, an investment firm that is now Halcyon Asset Management.[8][5]

Philanthropy

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In 1977, Slifka became the founding chairman of the New York School for Circus Arts, a non-profit training school whose performing arm is the Big Apple Circus.[8][10] In 1993, he became founding chairman emeritus.[10] In 1995, in recognition of Slifka's lead gift to a successful capital campaign, the circus's new permanent creative center in Walden, NY was named the Slifka Family Creative Center.[11]

Together with sociologist Eugene Wiener, Slifka was a co-founder in 1989 of The Abraham Fund Initiatives, named for the common ancestor of Arabs and Jews, and served as chairman of the organization since its founding. This was the first nonprofit organization dedicated to furthering coexistence between Israel's Arab and Jewish citizens.[8] The Abraham Fund works to advance a shared society of inclusion and equality between Jews and Arabs in Israel.[12]

The Slifka Program on Intercommunal Coexistence at Brandeis University, create by Slifka in 2001, seeks to build professional expertise and creative leadership in the field of coexistence and offers a master's degree in coexistence and conflict.[13] The Sylvia and Joseph Slifka Israeli Coexistence Scholarship at Brandeis, which Slifka funded in honor of his parents, is awarded each year to two citizens of Israel (one Jewish, one Arab) who are committed to fostering coexistence and harmony.[14]

In recognition of his work with The Abraham Fund Initiatives, Slifka was awarded the Knesset Prize for Coexistence in 2000.[12] Brandeis awarded him an honorary doctorate in 2003.[14]

Alan B. Slifka Foundation

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The Alan B. Slifka Foundation was established in New York in 1965.[15][16] The foundation's goals include harmony not only among Jews and Arabs but also between religious and secular elements of Israeli society. In addition to fostering Jewish values and education, the foundation also promotes biomedical research on sarcomas and autism spectrum disorders.[14]

Personal life

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Alan Bruce Slifka was the son of Joseph and Sylvia Slifka. His twin sister is Barbara Slifka. His father owned successful textile and real estate businesses.

At the time of his death in 2011, from cancer, he was married to Riva Ariella Ritvo-Slifka.[1][5] His prior two marriages, to Jacqueline W. Slifka and Virginia Bayer Slifka, ended in divorce.[1] He had three sons.[14][4]

Alan and his twin sister Barbara took control of 24-story office building 477 Madison Avenue in Manhattan after their father, Joseph Slifka, left it to them following his 1992 death. Alan's two sons, Randy Slifka and Michael, later became involved in a tangled struggle for the property with their father's sister.[17] In 2017 they claimed that their elderly aunt had orchestrated a power grab against their interests, and they sued their aunt Barbara; that case was thrown out.[18][19][20] After Alan's death, his son Randy Slifka sued in March 2023 seeking $37 million in connection with the sale; that case was also dismissed.[17] Randy Slifka then sued law firm Paul, Weiss, Rifkind, Wharton & Garrison in June 2023, alleging that when it advised Randy's aunt Barbara on the sale of the building the firm cost him and his brother their rightful share of the $258 million paid for the building.[21][17] A Paul Weiss spokesman, speaking of the more recent suit, said "Mr. Slifka is a serial litigator who filed a nearly identical claim that was summarily dismissed last month in the same court. This lawsuit is equally frivolous ..."[17]

References

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  1. ^ a b c d e f "WEDDINGS/CELEBRATIONS; Riva Ritvo, Alan Slifka". The New York Times. February 15, 2004.
  2. ^ Hevesi, Dennis (February 9, 2011). "Alan Slifka, Who Promoted Arab-Jewish Ties, Is Dead at 81". The New York Times. Archived from the original on February 4, 2012. Retrieved 10 February 2011.
  3. ^ "Slifka Family in Manhattan in Legal Fight Over $258M Madison Avenue Sale". The Jewish Voice. March 6, 2023.
  4. ^ a b c Hevesi, Dennis (February 10, 2011). "Alan Slifka, Who Promoted Arab-Jewish Ties, Is Dead at 81". The New York Times.
  5. ^ a b c Brian Pascus (November 20, 2023). "How 477 Madison Avenue Tore the Slifka Family Apart". Commercial Observer.
  6. ^ "Making a World of Difference". Harvard Business School Alumni. October 1, 2001.
  7. ^ "Slifka Center founder dies". Yale Daily News. February 9, 2011.
  8. ^ a b c d Young, Susan. "Alan Slifka: Venture Philanthropist". Harvard Business School. Retrieved 10 February 2011.
  9. ^ The Yale Record. New Haven. May, 1949. p. 3.
  10. ^ a b "History of the Big Apple Circus" (PDF). Big Apple Circus. Archived from the original (PDF) on 25 December 2010. Retrieved 11 February 2011.
  11. ^ "About us: Our history". Big Apple Circus. Archived from the original on 20 November 2010. Retrieved 11 February 2011.
  12. ^ a b Shefler, Gil (February 6, 2011). "Alan B. Slifka, 81, Abraham Fund founder dies". Jerusalem Post. Archived from the original on 11 February 2011. Retrieved 10 February 2011.
  13. ^ "Alan Slifka, Abraham Fund founder, dies". JTA. Archived from the original on 9 February 2011. Retrieved 11 February 2011.
  14. ^ a b c d "Alan Slifka, philanthropist, coexistence advocate, dies". BrandeisNOW. Retrieved 10 February 2011.
  15. ^ "Home". Alan B. Slifka Foundation.
  16. ^ "Alan B. Slifka Foundation". GuideStar.
  17. ^ a b c d Rosenthal, Nicole (July 7, 2023). "Randy Slifka Sues Law Firm Over $258M Madison Avenue Sale". The Real Deal.
  18. ^ Andrea Keckley (June 28, 2023). "Paul Weiss Faces Suit Over Manhattan Office Sale - Law360 Real Estate Authority". Law360.com.
  19. ^ Bockmann, Rich (July 1, 2019). "477 Madison Avenue - Aby Rosen Makes $260M Buy". The Real Deal.
  20. ^ Staff, T. R. D. (March 6, 2023). "Slifka Family Still Feuding Over Madison Avenue Office Sale". The Real Deal.
  21. ^ Thomas, David (June 27, 2023). "Investor sues Paul Weiss in fight over $258 million NYC building sale". Reuters.
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