Charles Dayan (real estate developer)

Last updated
Charles Dayan
Born
Charles ben-Dayan

1941 (age 81–82)
Mandatory Palestine
Known forco-founder of Bonjour Jeans
founder of Bonjour International
SpouseAriela ben-Dayan
FamilyEli Dayan (brother)
Avi Dayan (brother)

Charles Ben Dayan (born 1941) is an American real estate developer, the founder of Bonjour Capital and co-founder of Bonjour Jeans.

Contents

Biography

Born to a Syrian Jewish family, who had emigrated from Mandatory Syria [1] to Mandatory Palestine (the immediate predecessor of modern Israel). Dayan emigrated to the United States in 1967, [1] and in 1972, with his brothers Eli and Avi, founded Bonjour International, a company that was the first to import low-cut French-style jeans into the United States using the Bonjour name. [1] He served as president of Bonjour International. [2] By 1982, Bonjour had $150 million in annual sales. [1] After leaving Bonjour International, Dayan founded the real estate development firm Bonjour Capital. Larger investments are made with partners and include the renovation of 5 Beekman Street with Joseph Chetrit; [3] [4] [5] the $290 million 2005 purchase (together with partners Joseph Chetrit and Yair Levy) of the 800,000 square foot historic 620 5th Avenue and its 2011 sale to RXR Realty, LLC for $500 million; [6] and the purchase of the Blake Hotel in Charlotte. [7] [8] When not in a partnership, Dayan focuses on new developments in gentrifying neighborhoods in Long Island City in Queens; [9] Bedford-Stuyvesant and Clinton Hill in Brooklyn; [10] [11] and Manhattanville in Manhattan. [12]

Personal life

He is married to Ariela Ben-Dayan. Dayan was an early proponent of the green movement in the textile industry. [2] [13] His brother Eli Dayan, founded the disco Tunnel in 1986. [1] Dayan serves on the executive committee of the Israel Cancer Research Fund. [14] [15]

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References

  1. 1 2 3 4 5 New York Magazine: "Genes in the Jeans - Why the S.Y.'s are Sportswear's Chosen People" by Phil Patton May 22, 1989
  2. 1 2 New York Times: "The Green Movement in the Fashion World" By WOODY HOCHSWENDER March 25, 1990
  3. ↑ Wall Street Journal: "Hopes Rise for Landmark" by Josh Barbanel June 18, 2010
  4. ↑ City Realty: "Jacob Chetrit sues partner at foreclosed 5 Beekman Street" August 20, 2010
  5. ↑ The Real Deal: "Ace Hotel owner, others buy Temple Court building in FiDi" By Katherine Clarke March 16, 2012
  6. ↑ The Real Deal: "RXR acquires 620 Sixth in deal that values building at $500M" September 19, 2011
  7. ↑ Charlotte Observer: "Uptown's Blake Hotel at center of investors dispute" by KERRY SINGE Archived June 3, 2013, at the Wayback Machine September 19, 2012
  8. ↑ The Real Deal: "NYC developer sues lawyers for $10M in NC hotel deal - Dayan claims he sold share to sham company that Podolskys own" By David Jones October 30, 2013
  9. ↑ PR Web: "Real Estate Mogul Charles Dayan Closes On $85m Long Island City Property - Eastern Union Funding’s Shaya Ackerman arranges $52M financing" August 01, 2013
  10. ↑ Real Estate Weekly: "Bonjour Capital ends bickering over condo plan" By Orlando Rodriguez Archived copy May 29, 2013
  11. ↑ Crains New York: "Bonjour says hi to new Brooklyn apt. building" by Amanda Fung July 18, 2012
  12. ↑ The Real Deal: "MNS tapped to lease Manhattanville complex - Bonjour Capital recently acquired Westbourne from Extell, plans overhaul" By Zachary Kussin March 22, 2013
  13. ↑ Lawrence Journal World: "Fashion World Jumps Aboard Environmental Bandwagon" by Catherine Crocker April 5, 1990
  14. ↑ Israel Cancer Research Fund Archived 2014-08-16 at the Wayback Machine retrieved July 22, 2014
  15. ↑ Jewish Voice New York: "ICRF Holds Annual Evening of Inspiration in Oakhurst, New Jersey" August 7, 2013
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