Frederick P. Rose | |
---|---|
Born |
Frederick Phineas Rose 1923 |
Died | 1999 (aged 75) Rye, New York |
Nationality | United States |
Education | B.S. Yale University |
Occupation | real estate developer |
Known for | Chairman of Rose Associates |
Spouse(s) | Sandra Priest |
Children | Deborah Rose Jonathan F. P. Rose Samuel P. Rose Adam R. Rose |
Parent(s) | Belle Rose Samuel B. Rose |
Family |
David Rose (uncle) Daniel Rose (brother) Elihu Rose (brother) David S. Rose (nephew) Joseph B. Rose (nephew) Gideon Rose (nephew) Amy Rose Silverman (niece) Isabel Rose (niece) Rachel Rose (granddaughter) |
Frederick Phineas Rose (1923–1999) was an American real estate developer, philanthropist, and member of the Rose family.
Rose was born in Brooklyn to a Jewish family, one of three sons of Belle and Samuel B. Rose. He was raised in Mount Vernon, New York. His father and his uncle David Rose founded the real estate development company Rose Associates in 1923 and built small apartment buildings in the Bronx and then in Manhattan in the 1930s. He had two brothers, Daniel and Elihu. Rose graduated from Yale University in 1944 majored in civil engineering and then served as a lieutenant in the U.S. Navy Seabees during World War II After the war, he went to work for Rose Associates where he was responsible for design and construction while his brother Daniel was responsible for planning and finances; and his brother Elihu managed the family's apartment houses. The Rose family typically purchased properties with their own money, minimizing the use of debt thus enabling to better weather market downturns. In 1961, they built their first office development, the two-building, 1 million square-foot 280 Park Avenue. Long an opponent of rent control, in the 1990s Rose successfully converted more than 3,000 apartments in Manhattan into condominiums and co-ops. He eventually served as chairman of Rose Associates.
The Rose family was one of the most established and prominent real estate families in New York City in the 20th century (along with the Dursts, the Lefraks, the Rudins, and the Tisch family). In 2006, Rose Associates, managed over 31,000 apartments in New York City including Stuyvesant Town and Peter Cooper Village.