Howard Milstein | |
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Born | May 15, 1951 |
Occupation | real estate developer |
Spouse(s) | Abby Sniderman |
Children | Michael Milstein |
Parent(s) | Irma Cameron Milstein Paul Milstein. |
Howard Philip Milstein (born May 15, 1951) is an American entrepreneur, innovator, real estate developer, financier, and philanthropist. Howard is Chairman, President and Chief Executive Officer of New York Private Bank & Trust and its operating bank, Emigrant Bank, the country's largest privately owned, family-run bank. Howard is founding Chairman of the merchant bank FriedbergMilstein. An entrepreneur and innovator, Howard has led successful businesses, across a range of sectors, including real estate, banking, hospitality, marketing finance and technology. He also served as the Chairman of the New York State Thruway Authority until November, 2014 and led the procurement process for the historic replacement of the Tappan Zee Bridge - the largest public infrastructure project in New York State history.
Mr. Milstein is the elder son of Irma Milstein and the late real estate titan Paul Milstein. His parents were also involved in philanthropy with an organization of their own, The Paul & Irma Milstein Foundation. Mr. Milstein also has three siblings, Edward, Roslyn and Barbara. Mr. Milstein is a graduate of Cornell University with a B.A. in Economics summa cum laude (1973). At Harvard University, he earned both his Law and Business degrees in the JD/MBA Program (1977). He was admitted to the New York State Bar, and is a member of the Federal Bar Council and the American, New York State and New York City Bar Associations.
Mr. Milstein started his career at the investment bank Warburg Paribas Becker. Today, Mr. Milstein is Chairman, President and Chief Executive Officer of New York Private Bank & Trust and its operating bank, Emigrant Bank. Mr. Milstein built the largest privately owned, family-run bank in the United States, with traditional savings, online banking, and private wealth management services. Today, Emigrant Bank has just under $7 billion in assets and approximately $1 billion in equity. Under Mr. Milstein's leadership, the bank created three successful and innovative internet banks in the United States: Dollar Savings Direct, EmigrantDirect and MySavingsDirect