Robb LaKritz

Last updated
Robb LaKritz
LaKritz, Oxford.jpg
Born
Robb Michael LaKritz [1]

1972 (age 5152) [2]
NationalityAmerican
EducationUniversity of Oxford (MBA)
Emory University (JD)
University of Michigan (BA)
Organization(s)LaKritz Holdings, LLC
Chief Executive Officer
Known forAdvisor to the Deputy U.S. Treasury Secretary (20012003)

Robb Michael LaKritz (born 1972) is an American real estate investor and former U.S. economic policymaker. LaKritz is Chief Executive Officer of LaKritz Holdings LLC, a diversified holding company. Previously, LaKritz was appointed by U.S. President George W. Bush as Advisor to the Deputy Secretary of United States Treasury, and named by the Wall Street Journal to its Future of Finance Initiative, a bipartisan group of high-ranking economic policy officials from five U.S. presidential administrations. [3] LaKritz is an alumnus of Oxford University.

Contents

Early life and education

LaKritz was raised in Bloomfield Hills, Michigan. The eldest of three siblings and only son of a prominent Michigan attorney and former kindergarten teacher, LaKritz attended Andover High School, where he was a three-sport varsity athlete in baseball, hockey, and golf.

LaKritz attended the University of Michigan, graduating summa cum laude and Phi Beta Kappa with a B.A. in Political Science, and being admitted to four national honorary societies for his work in international relations, political science, psychology, and the humanities.

LaKritz then earned a Juris Doctor from Emory University, and was on the Emory International Law Review. During law school, LaKritz also worked at the Carter Presidential Center and studied law at East China University of Political Science and Law in Shanghai, becoming among the first Western law students to study Chinese law in the People's Republic of China. On his return to Emory University in 1996, LaKritz was honored as a Dean's Teaching Fellow for his legal scholarship on Chinese law and philosophy.

LaKritz completed his formal education at the University of Oxford, where he earned his M.B.A. with distinction, and was a member of Worcester College, the Oxford Union, and the Oxford University Amateur Boxing Club. LaKritz also was chosen to deliver the final closing ceremony address to his graduating Oxford M.B.A. class. [4]

Government and law

LaKritz began his career with the Washington, D.C. law firm of Baker Donelson, working in the firm's International practice, which included former U.S. Secretary of State Lawrence Eagleburger and former White House Chief of Staff and U.S. Senate Majority Leader Howard Baker.

In 2001, LaKritz was appointed by U.S. President George W. Bush as Advisor to the Deputy Secretary of the United States Treasury, a senior U.S. economic policymaking role. At Treasury, LaKritz helped direct U.S. domestic economic policy and U.S. international economic policy, particularly with regard to China. He represented the U.S. Treasury at the World Economic Forum in 2002, Harvard's Symposium on Building the Financial System of the 21st century, and during the 2001 and 2002 annual meetings of the World Bank, the International Monetary Fund, and the Asian Development Bank. He was involved in the formation of the Millennium Challenge Account (MCA), a fund established by the U.S. government to reduce poverty through economic growth in some of the world's poorest countries; U.S. efforts to stem the financing of terrorism; and U.S. efforts to promote financial stability abroad. In March 2009, he was named by the Wall Street Journal to its Future of Finance Initiative, along with other senior-ranking economic officials from five prior United States Presidential administrations. [5]

Business

In 2004, LaKritz and fellow U.S. Treasury alumnus Joshua Adler founded LaKritz Adler Development, LLC, a real estate development company focused on revitalizing areas of the U.S. capital. After purchasing its first property at 1525 9th Street NW, the historic home of Watha T. Daniel, the company grew rapidly during the first decade of the twenty-first century. Its projects included the redevelopment of Dupont Circle's historic Starbucks Building, which houses the first Starbucks opened in the eastern United States. LaKritz Adler acquired the landmark building in 2010 for $4 million, redeveloped and expanded it, and later sold it for $16.25 million in a private auction that was reported to have set the all-time record for highest price per square foot ever paid for a retail building in Washington, D.C. [6] [7] Lakritz Adler's other projects in the Dupont Circle and Georgetown neighborhoods included the Veritas Building, another historical redevelopment, and 5185 MacArthur, the largest mixed-use building in Georgetown's tony Foxhall area. [8] [9]

Throughout the 2000s, LaKritz Adler also played a prominent role in the development of Washington, D.C.'s high-end luxury condominium market: Its Moderno project was the fastest selling condominium project in Washington, D.C., in 2009. [10] [11] It also was an early champion of the redevelopment of Georgia Avenue, Washington, D.C.'s longest commercial boulevard. LaKritz Adler opened Temperance Hall, Georgia Avenue's first sit-down restaurant in more than fifty years, and it later developed Petworth Station, which brought a full-service pharmacy back to the Petworth section of Washington, D.C. for the first time in decades. [12] The firm's projects have been profiled in the Washington Post , [13] [14] Washington Times , [15] Washington Business Journal , [16] Washington City Paper , [17] DC Spaces Magazine, DC Modern Luxury, OnSite Magazine, and on Fox5 News. [18]

LaKritz was named one of the most influential people under 40 in the nation's capitol by Washington Life Magazine. [19] He has been a director on the board of the Washington, D.C. Chapter of the Entrepreneurs Organization, as well as a member of the 2008 Class of Leadership Greater Washington, District of Columbia Bar Association, Urban Land Institute, D.C. Preservation League and D.C. Building Industry Association. He also has been an annual participant in the Aspen Institute Ideas Festival and TED since 2004.

Related Research Articles

<span class="mw-page-title-main">Office of Foreign Assets Control</span> Agency of the United States Department of the Treasury

The Office of Foreign Assets Control (OFAC) is a financial intelligence and enforcement agency of the United States Treasury Department. It administers and enforces economic and trade sanctions in support of U.S. national security and foreign policy objectives. Under presidential national emergency powers, OFAC carries out its activities against foreign governments, organizations, and individuals deemed a threat to U.S. national security.

The Wharton School is the business school of the University of Pennsylvania (UPenn), a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton School is the world's oldest collegiate business school.

<span class="mw-page-title-main">Gene Sperling</span> American economist (born 1958)

Eugene Benton Sperling is an American lawyer who was director of the National Economic Council and assistant to the president for economic policy under Presidents Bill Clinton and Barack Obama. He is the only person to serve as national economic advisor under two presidents. Outside of government, he founded the Center for Universal Education at the Brookings Institution in 2002.

<span class="mw-page-title-main">Brightwood (Washington, D.C.)</span> Place in the United States

Brightwood is a neighborhood in the northwestern quadrant of Washington, D.C. Brightwood is part of Ward 4.

<span class="mw-page-title-main">Park View (Washington, D.C.)</span> Neighborhood of Washington, D.C.

Park View is a neighborhood in Washington, D.C., located in Northwest D.C. The neighborhood is primarily residential with its main commercial corridor of shops and restauarants located along Georgia Avenue.

<span class="mw-page-title-main">Gordon D. Giffin</span> American diplomat (born 1949)

Gordon Davies Giffin became the 34th United States Ambassador to Canada on September 17, 1997.

Chadbourne & Parke LLP, founded in 1902 by Thomas L. Chadbourne, was a 400 lawyer firm, which operated from 12 offices in ten countries. Chadbourne was known for its practices in project finance and energy, international insurance and reinsurance, multi-jurisdictional litigation, and corporate transactions.

<span class="mw-page-title-main">Mauricio Claver-Carone</span> President of the Inter-American Development Bank (IDB)

Mauricio Claver-Carone is an American private-equity investor, former Treasury Department and National Security Council official, lawyer, and lobbyist, who was the president of the Inter-American Development Bank from October 2020 until September 26, 2022.

<span class="mw-page-title-main">George Washington University School of Business</span> Business school in Washington, D.C., USA

The George Washington University School of Business is the professional business school of George Washington University in Washington, D.C. The GW School of Business is ranked as one of the top business schools in the United States, with globally ranked undergraduate and graduate programs. GW's campus is also adjacent to some of the world's leading financial institutions, including the Federal Reserve, World Bank, and International Monetary Fund.

<span class="mw-page-title-main">Baker Donelson</span> U.S. law firm

Baker, Donelson, Bearman, Caldwell & Berkowitz P.C. is a large U.S. law firm and lobbying group with offices in the Southeastern United States and Washington, D.C. Fortune has selected Baker Donelson as one of the 100 Best Companies to Work For nine times, citing the firm's commitment to diversity, public service and pro bono work.

<span class="mw-page-title-main">Luis A. Aguilar</span> American lawyer

Luis Alberto Aguilar is an American lawyer and former U.S. government official.

John Walker Chidsey is an American businessman and attorney who has been CEO of Subway since November 2019. He was formerly the executive chairman and CEO of Burger King Corporation. He is a director and member of the audit committee for HealthSouth Corporation. He previously was chairman and CEO for two corporate divisions of Cendant Corporation from January 1996 to March 2003.

<span class="mw-page-title-main">Andrew Sherman</span> American lawyer

Andrew J. Sherman is a corporate and transactional lawyer and author. He is currently a senior partner at the Washington, DC office of the law firm Brown Rudnick. He is also an adjunct professor for the MBA programs at McDonough School of Business at Georgetown University as well as at the Robert H. Smith School of Business at the University of Maryland, College Park. He has written 26 books, including Road Rules—Be the Truck, Not the Squirrel.

Peter R. Fisher has been an attorney, a central banker, a U.S. Treasury official, an asset management executive, and an educator. He is currently a Managing Director in the Strategy Function leading the firm’s global retirement initiative at BlackRock.

<span class="mw-page-title-main">Arnstein & Lehr</span> American law firm

Arnstein & Lehr was a national law firm founded in Chicago in 1893, with offices in Chicago, and Springfield, Illinois; Milwaukee, Wisconsin; Boca Raton, Fort Lauderdale, Miami, Tampa, and West Palm Beach, Florida. The firm represented business enterprises in significant legal victories in the United States and Puerto Rico. Its representation of Sears, Roebuck and Co. since 1895 is one of the country's longest continuous attorney-client relationships. On September 1, 2017, Arnstein & Lehr, LLP combined with Saul Ewing to form Saul Ewing Arnstein & Lehr, LLP with 14 offices and over 400 attorneys.

<span class="mw-page-title-main">Mark Weinberger</span> American businessman

Mark A. Weinberger is an American businessman. He is the former global Chairman and CEO of EY. Weinberger currently sits on several boards of directors, including those of Metlife, Johnson & Johnson Saudi Aramco. and JPMorgan Chase. Earlier in his career he has also held several posts in the public sector in Washington, D.C., including time as Assistant Secretary of the Treasury for Tax Policy.

<span class="mw-page-title-main">Ruth Porat</span> American businessperson (born 1958)

Ruth Porat is a British–American business executive who is the President and Chief Investment Officer of Alphabet and its subsidiary Google, LLC and prior to that was Chief Financial Officer of the same companies from 2015 to 2024. Prior to joining Google, Porat was the Chief Financial Officer of Morgan Stanley from January 2010 to May 2015.

<span class="mw-page-title-main">U.S. Department of Agriculture Cotton Annex</span> United States historic place

The U.S. Department of Agriculture Cotton Annex is an office building located at 300 12th Street SW in Washington, D.C. The size of the building has been variously given at 89,000 square feet and 118,000 square feet.

<span class="mw-page-title-main">Manisha Singh</span> American attorney & government official (born 1971)

Manisha Singh is an American attorney and government official who served as assistant secretary of state for economic and business affairs in the Trump administration until January 20, 2021. She previously also served as acting under secretary of state for economic growth, energy, and the environment. In April 2020, President Donald Trump announced his intent to nominate Singh to be the next United States representative to the Organization for Economic Cooperation and Development, with the rank of ambassador. On January 3, 2021, her nomination was returned to the President under Rule XXXI, Paragraph 6 of the United States Senate.

<span class="mw-page-title-main">Mary Neumayr</span> American government official (born 1964)

Mary Bridget Neumayr is an American government official, who served as the chair of the Council on Environmental Quality from 2019 to 2021. She was appointed to the position by President Donald Trump in January 2019 and confirmed by the United States Senate.

References

  1. Summary of Proceedings, Volume 35 (Asian Development Bank Board of Governors Meeting), page 244
  2. Hubbell, Martindale (March 2001). Martindale-Hubbell Law Directory: Connecticut, Delaware, District of Columbia, U.S. Government Lawyers Law Schools. Martindale-Hubbell. ISBN   9781561604395.
  3. "Wall Street Journal – Future of Finance Initiative". The Wall Street Journal. March 30, 2009. Retrieved January 3, 2012.
  4. "Executive MBA Rankings". The Economist. 2015.
  5. "Wall Street Journal – Future of Finance Initiative". The Wall Street Journal. March 30, 2009. Retrieved January 3, 2012.
  6. Sernovitz, Daniel (March 11, 2014). "Washington Business Journal". Bizjournals.com. Retrieved March 11, 2014.
  7. Sinha, Vandana (May 4, 2014). "Washington Business Journal". Bizjournals.com. Retrieved May 4, 2014.
  8. "Moves on MacArthur". Bisnow Media . June 18, 2014.
  9. "LaKritz Adler Development Revitalizes Washington, DC, Buildings". Medium . August 2, 2017.
  10. Castro, Melissa (March 9, 2009). "Washington Business Journal". Bizjournals.com. Retrieved January 3, 2012.
  11. Samuelson, Ruth (February 4, 2009). "Washington City Paper". Washington City Paper. Retrieved January 3, 2012.
  12. "Washington Business Journal – Through Their Eyes". Washington.bizjournals.com. May 21, 2007. Retrieved January 3, 2012.
  13. Stewart, Nikita (January 14, 2007). "Georgia Ave. Awakening". The Washington Post. Retrieved January 3, 2012.
  14. Layton, Lyndsey (June 12, 2006). "Breathing New Rhythm Into Tired Streets". The Washington Post. Retrieved January 3, 2012.
  15. Washington, The (January 30, 2008). "City offers $95 million to fix up ignored areas – - The Washington Times, America's Newspaper". The Washington Times. Retrieved January 3, 2012.
  16. Natarajan, Prabha (April 9, 2007). "Moderno goes residential – Washington Business Journal". Washington.bizjournals.com. Retrieved January 3, 2012.
  17. Carman, Tim (June 1, 2007). "Young & Hungry: Public House". Washington City Paper. Archived from the original on July 5, 2007. Retrieved January 3, 2012.
  18. MyFox Washington DC | Restaurant Signals Rebirth in Petworth
  19. "Young & the Guest List | Washington Life Magazine". Washingtonlife.com. Retrieved January 3, 2012.