Silverstein Takes Spotlight at Realty Foundation Gala

NEW YORK CITY-Although the CRE industry’s participation in charitable and nonprofit efforts locally is renowned, it’s also among the few that takes care of its own. That helping hand has been extended since 1954 by the Realty Foundation of New York, which on Thursday honored the man who served as its chairman for 14 years, Larry Silverstein.

“We can all be proud that the real estate industry is the most generous in New York,” Silverstein said in accepting the Realty Foundation’s 2013 Person of the Year award during the organization’s annual fundraising luncheon. Chairman and CEO of Silverstein Properties Inc., he noted that the industry is “hugely represented” in board memberships and sponsorships of organizations ranging from charitable groups to museums.