Albert Laboz

Last updated
Albert Laboz
NationalityAmerican
Occupationreal estate developer
Known forfounder of United American Land
SpouseRenee Laboz
Website http://unitedamericanland.com

Albert "Al" Laboz is a New York real estate developer, landlord, and the founder of United American Land.

Contents

Biography

Laboz was born to a Syrian Jewish family, the son of real estate investor Jack Laboz. [1] He has two brothers: Jody and Jason. [2] [3] He and his brothers founded Soho based United American Land (UAL). [4] [2] UAL focuses on restoring, improving, and reinventing historic buildings in Tribeca, Soho, the Flatiron District and downtown Brooklyn, into luxury residences; and transforming overlooked commercial property for upgraded retail use. [4] [5]

UAL was also selected by the New York City Economic Development Corporation to own and develop the Brooklyn Municipal Building into prime retail space. [4] [6] Laboz (along with Stanley Chera, Joseph Jemal, and Eli Gindi) is leading the redevelopment of the Fulton Mall in downtown Brooklyn [7] [8] [9] where Laboz is developing a new H&M store above a transit hub. [10] [7] Laboz's plan is to turn the Fulton Mall into the new 34th Street. [11]

Although Laboz is a preservationist, he’s an advocate for streamlining the bureaucracy of the Landmarks Preservation Commission. [12] Laboz serves as chairman of the Fulton Mall Improvement Association; and is a member of the executive committee of the Downtown Brooklyn Partnership and the MetroTech Business Improvement District. [4] He is also a trustee of the Yeshiva of Flatbush. [4] He is a supporter of Chai Lifeline, a charity dedicated to improving the lives of children stricken with genetic disorders and cancer. [12] He is a director of the Orthodox Union. [13] He is the president of his synagogue Ohel David and Shlomo in Brooklyn. He is married to Renee Laboz and lives in Brooklyn and summers in Deal, New Jersey. [14]

References

  1. ↑ Pincus, Adam (January 1, 2014). "The Syrian retail touch - An inside look at the Syrian Jewish investors dominating NYC retail — from Sutton to Sitt, including how much revenue they're pulling in"". The Real Deal . Archived from the original on January 20, 2021.
  2. 1 2 The Real Deal: "Laboz family’s firm buys disputed Brooklyn dorm for $10.7M: source - Beaux-Arts building with 23 units set for conversion to luxury rentals" By Adam Pincus September 19, 2011
  3. ↑ The Jewish Voice: "Sephora to Makeover Downtown Brooklyn" 5 July 2013
  4. 1 2 3 4 5 Make It In Brooklyn Magazine: "Albert Laboz" Archived 2017-04-13 at the Wayback Machine retrieved April 13, 2017
  5. ↑ United American Land website retrieved April 13, 2017
  6. ↑ The Real Deal: "Laboz to develop retail for Brooklyn Municipal Building" August 15, 2011
  7. 1 2 The Real Deal: "Families plot Fulton Mall face-lift - A parcel-by-parcel look at what the corridor's tight-knit group of owners has in store" By Patrick Egan January 31, 2011
  8. ↑ The Real Deal: "Merged Filene’s/Syms coming to Fulton Mall" October 12, 2010
  9. ↑ The Real Deal: "Harrison Street buys LIU student housing for $61M By Zachary Kussin] March 28, 2013
  10. ↑ Brooklyn Paper: "H&M coming to Fulton Mall" By Sarah Portlock June 14, 2008
  11. ↑ Village Voice: "On the Outs in Brooklyn" by Neil deMause May 22, 2007
  12. 1 2 Commercial Observer: "Albert Laboz, United American Land" October 8, 2013
  13. ↑ Orthodox union Lay Leadership retrieved April 12, 2017
  14. ↑ Jewish Voice New York: "The Special Children's Center Annual Breakfast Fundraiser at the Laboz Home in Deal, NJ" July 13, 2016
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