Louise Sunshine

Last updated
Louise Sunshine
Born
Louise Mintz

(1940-12-02) December 2, 1940 (age 82)
NationalityAmerican
Known forfounder of the Sunshine Group
SpouseMartin S. Begun
Children3
Family Barney Pressman (grandfather)
Fred Pressman (uncle)
Website louisesunshine.com

Louise Mintz Sunshine (born December 2, 1940) [1] is an American real estate professional and founder of the Sunshine Group.

Contents

Biography

Sunshine is the daughter of Elizabeth Pressman and Nelson Mintz, and a granddaughter of Bertha Pressman and Barney Pressman, the founder of Barneys New York. [2] She graduated from Brandeis University and attended New York University where she took business classes in preparation for taking over her father's New Jersey real estate portfolio. [3] She developed an interest in politics and served as the finance Chairwoman of the New York State Democratic Party [2] [4] during Hugh Carey's governorship. [5] She also served as a Democratic National Committeewoman, a member of the state’s Job Development Authority, and Vice Chairman of the State Thruway Authority. [3] During her time in government she met Donald J. Trump. [3] From 1973–1985, Sunshine was executive vice president of the Trump Organization; she was instrumental in the development of the Grand Hyatt Hotel and Trump Tower, a limited partner of Trump Plaza in New York, and was responsible for the acquisition of the Barbizon Plaza Hotel site in Manhattan and the Mar-a-Lago estate in Palm Beach, Florida. [2] [3] [6] [7] She was also director of sales and marketing for New York's 500 Park Tower and the Palace Hotel Condominium in St. Moritz, Switzerland. [2] [3] [6] [7]

The Sunshine Group

Sunshine established the Sunshine Group, Ltd. in 1986 [4] with limited partner Jerry Speyer. [6] Under her leadership, the Sunshine Group flourished and was nationally recognized for its outstanding record in predevelopment planning, marketing and sales of premier luxury residential and mixed use developments in major markets throughout the country. [3] [8] The Sunshine Group was the exclusive marketing and sales agent for such properties as Time Warner Center, One Beacon Court, Trump International Hotel and Tower NY, and 40 Bond. [3] [4] [7] [8] By 2000, the company reached over $8 billion in real estate sold. [6] In 2002, she sold the Sunshine Group to NRT LLC, the largest residential real estate brokerage company in the United States. [1] She stayed on with the new company as Chairman and CEO [3] for three years and mentored Kelly Kennedy Mack to be the subsidiary's new President. [9] [10] After merging with another NRT subsidiary The Corcoran Group (founded by Barbara Corcoran), the company was officially renamed to the Corcoran Sunshine Marketing Group. [4] [3] Sunshine was named Chairman Emeritus and acted as senior advisor to Corcoran President and CEO Pamela Liebman. [3]

In July 2006, Sunshine joined real estate development company the Alexico Group (founded by Izak Senbahar and Simon Elias) to contribute to the creation of The Mark Hotel, The Laurel, and 56 Leonard. [1] [6] From July 2006 to present, she is President of LMS Consulting, LLC. and is a strategic advisor to Fort Partners in the creation of the record setting developments: The Surf Club Four Seasons Hotel and Private Residences in Miami Beach, Florida; and the Four Seasons Hotel and Private Residences in Fort Lauderdale, Florida. [11] [3] [12]

Philanthropy

Sunshine supports a wide array of charities including Worldwide Orphans, the American Jewish World Service, the American Red Cross, and the University of Miami School Of Architecture. [3] [6] She is the founder of the New York University Judith A. Banham Scholarship Fund. [3] [6]

Personal life

Sunshine has been married twice. [2] During her first marriage she had three children. [6] The marriage ended in divorce in 1980. [2] In 1997, she married her second husband, Martin S. Begun, in New York. [2] Begun, who died in May 2016, [13] served as Associate Dean and Vice President for external affairs at the NYU Langone Medical Center and as President of the Jewish Community Relations Council of New York. [2]

As of 2015, Sunshine resides in Florida. [1]

Related Research Articles

<span class="mw-page-title-main">The Trump Organization</span> Businesses owned by Donald Trump

The Trump Organization is a group of about 500 business entities of which Donald Trump is the sole or principal owner. Around 250 of these entities use the Trump name. The organization was founded in 1927 by Donald Trump's paternal grandmother, Elizabeth Christ Trump, and his father, Fred Trump, as E. Trump & Son. Donald Trump joined the organization in 1968, began leading it in 1971, renamed it around 1973, and handed off its leadership to his children in 2016 when he won the 2016 United States presidential election.

Gerald Guterman is an international real estate developer and investor. He is one of the largest multi-family apartment owner/operators and condominium converters in the United States, converting through 2017, 16,028 rental apartments to cooperative and condominium ownership throughout the United States. He also served as Operations Adviser to the Minister of Privatization, Government of Romania; Chairman, Committee on Romanian Banking & Finance Operations, United States Center for Strategic and International Studies, Washington, DC; Co-Chairman, Committee for Romanian Enterprise Development and Operations, United States Center for Strategic and International Studies, Washington, DC; Operations Advisor to the Interior Minister, Government of Austria; Operations and Financial Advisor to the President, Government of Romania. He is currently the chairman and CEO of Guterman Partners, LLC.

The Conrad Fort Lauderdale is a luxury condominium-hotel resort located on ocean-front property on North Fort Lauderdale Beach Boulevard in Fort Lauderdale, Florida. The resort includes 181 condo-hotel units, as well as 109 condominium units in a separate building known as The Ocean Resort Residences. The project initially began construction in July 2005, as Trump International Hotel & Tower Fort Lauderdale. Donald Trump lent his name to the project through a licensing deal before being elected the President of the United States, with New York developer Roy Stillman and Bayrock Group as the project developers. The project's opening was initially scheduled for 2007, but was delayed several times.

<span class="mw-page-title-main">R. Donahue Peebles</span> American businessman

Roy Donahue "Don" Peebles is an American real estate entrepreneur, author, and political activist. Peebles is the founder, chairman and Chief Executive Officer of the Peebles Corporation, a real estate company.

Anywhere Advisors is a residential real estate brokerage company in the United States of America. A subsidiary of Anywhere Real Estate, Inc., its headquarters are located in Madison, New Jersey. As of 2022, the company owns and operates more than 40 brokerage firms in approximately 55 U.S. markets. Most firms are branded under the Coldwell Banker, Coldwell Banker Commercial, Sotheby's International Realty or Corcoran Group brands.

<span class="mw-page-title-main">Jorge M. Pérez</span>

Jorge M. Pérez is an Argentine American billionaire real estate developer, art collector, and philanthropist. He is best known as the chairman and CEO of The Related Group. He is ranked 316th on the Forbes 400 list with a net worth of US$ 2.6 billion as of October, 2018, and 1,833rd on Forbes Billionaires list with US$1.7 billion as of November, 2021.

W. Allen Morris is Chairman and CEO of the Allen Morris Company and a real estate developer and Realtor in the state of Florida.

Douglas Elliman is an American real estate company.

<span class="mw-page-title-main">Barbara Corcoran</span> American businesswoman

Barbara Ann Corcoran is an American businesswoman, investor, syndicated columnist, and television personality. She founded The Corcoran Group, a real estate brokerage in New York City, which she sold to NRT for $66 million in 2001 and shortly thereafter exited the company. One of the show's original "Shark" investors, Corcoran has appeared in all 14 seasons of ABC's Shark Tank to date. As of January 2023, she has made 130 deals on the show, the largest being a $350,000 investment for 40% of Coverplay.

Corcoran Group is an American real estate firm founded in 1973 by Barbara Corcoran.

Richard S. LeFrak is an American billionaire businessman. He is chairman and CEO of LeFrak, a privately held, family-run company based in New York City that owns, develops, and manages real estate. He is one of the biggest landlords in the New York tri-state area.

<span class="mw-page-title-main">Arthur G. Cohen</span> Businessperson

Arthur George Cohen was an American businessman and real estate developer in New York City.

<span class="mw-page-title-main">Fortune International Group</span> Real estate company

Fortune International Group is a Miami-based real estate company with development projects in South Florida, Latin America, and Europe.

Flagler is a commercial real estate company headquartered in Coral Gables, Florida. Flagler is a corporate legacy of American businessman Henry M. Flagler.

<span class="mw-page-title-main">Fred Pressman</span> Chairman of Barneys New York

Fred Pressman was the chairman of Barneys New York. He assumed the role after taking over from his father, Barney Pressman. Under Fred Pressman's leadership, the store changed from being a discount men's suit shop to a luxury department store showcasing designer fashion.

Barney Pressman was an American businessman and founder of Barneys New York retail store.

Horacio LeDon is a Cuban American businessman and President of Partners Trust New Development and founder of Horacio LeDon Real Estate, with offices in New York City, London, Miami, and Los Angeles.

Bayrock Group is a private real estate investment and development firm specializing in luxury residential, commercial and mixed use projects. Through its affiliated entities, Bayrock has made investments in transactions comprising real estate assets valued in excess of $2.5 billion. Bayrock's flexible investment strategy allows it to pursue investments in a variety of sectors and markets.

<span class="mw-page-title-main">James F. Allen (businessman)</span> American businessman

James F. "Jim" Allen is the chairman of Hard Rock International and chief executive officer of Seminole Gaming. Previously, he served as vice president of operations of The Trump Organization and senior vice president of Sol Kerzner's company, Sun International.

References

  1. 1 2 3 4 The Real Deal: "Louise Sunshine" By Lauren Elkies retrieved September 27, 2015
  2. 1 2 3 4 5 6 7 8 New York Times: "Louise Sunshine, Martin S. Begun" February 16, 1997
  3. 1 2 3 4 5 6 7 8 9 10 11 12 13 Louise Sunshine website: "Louise M. Sunshine" retrieved September 27, 2015
  4. 1 2 3 4 Solomont, E.B. (April 21, 2015). "Louise Sunshine takes on Vornado's 220 Central Park South New dev marketing legend dishes on "staying relevant" and bringing value to RE through design". The Real Deal.
  5. Woollard, Deidre (17 July 2019). "Pursuitist Interview: Louise Sunshine, Strategic Advisor to Fort Partners". Pursuitist.com. Pursuitist. Retrieved 23 April 2022.
  6. 1 2 3 4 5 6 7 8 Jacobs, Julie (September 2008). "Louise Sunshine - Queen of Luxury" (PDF). Lifestyles Magazine.
  7. 1 2 3 "Louise Sunshine: Global Real Estate Visionary" (PDF). New York Living. February 2008.
  8. 1 2 "The Revival Of Columbus Circle At One Central Park" (PDF). New York Living. 2006.
  9. Barr, Linda (February 28, 2007). "Mack Follows The Fast Track Job Of He Dreams" (PDF). Residential marketing and Brokerage news.
  10. Shott, Chris (September 4, 2007). "On Shlock and Shvo: Louise Sunshine Rebrands Herself". The Observer .
  11. Woollard, Deidre (17 July 2019). "Pursuitist Interview: Louise Sunshine, Strategic Advisor to Fort Partners". Pursuitist.com. Pursuitist. Retrieved 16 April 2022.
  12. Hendrickson, V.L. "Duplex Penthouse at the Four Seasons in Fort Lauderdale, Florida, Sells for Record $15.4 Million" (PDF). mansionglobal.com. Mansion Global. Retrieved February 16, 2022.
  13. "Martin Begun Obituary". New York Times. May 23, 2016.