Frederick P. Rose
Frederick P. Rose | |
|---|---|
| Born | Frederick Phineas Rose 1923 |
| Died | 1999 (aged 75) |
| Nationality | American |
| Education | B.S.Yale University |
| Occupation | real estate developer |
| Known for | Chairman of Rose Associates |
| Spouse | Sandra Priest |
| Children | Deborah Rose Jonathan F. P. Rose Samuel P. Rose Adam R. Rose |
| Parent(s) | Belle Rose Samuel B. Rose |
| Family | David Rose(uncle) Daniel Rose(brother) Elihu Rose(brother) David S. Rose(nephew) Joseph B. Rose(nephew) Gideon Rose(nephew) Amy Rose Silverman(niece) Isabel Rose(niece) Rachel Rose(granddaughter) |
Frederick Phineas Rose(1923–1999) was an American real estate developer, philanthropist, and member of the Rose family.
Biography[edit]
Rose was born inBrooklyn[1]to aJewishfamily, one of three sons[2]of Belle[3]andSamuel B. Rose.[2]He was raised inMount Vernon, New York.[1]His father and his uncleDavid Rosefounded the real estate development company Rose Associates in 1923 and built small apartment buildings in the Bronx and then in Manhattan in the 1930s.[2]He had two brothers, Daniel and Elihu.[2]Rose graduated fromYale Universityin 1944[2]majored in civil engineering[4]and then served as a lieutenant in theU.S. NavySeabeesduringWorld War II[2]After the war, he went to work for Rose Associates where he was responsible for design and construction while his brother Daniel was responsible for planning and finances; and his brother Elihu managed the family's apartment houses.[2]The Rose family typically purchased properties with their own money, minimizing the use of debt thus enabling to better weather market downturns.[2]In 1961, they built their first office development, the two-building, 1 million square-foot 280 Park Avenue.[5]Long an opponent of rent control, in the 1990s Rose successfully converted more than 3,000 apartments in Manhattan intocondominiumsandco-ops.[2]He eventually served as chairman of Rose Associates.[2]
The Rose family was one of the most established and prominent real estate families in New York City in the 20th century (along with theDursts,theLefraks,theRudins,and theTisch family). In 2006, Rose Associates, managed over 31,000 apartments in New York City includingStuyvesant TownandPeter Cooper Village.[6][7]
Philanthropy[edit]
Rose was a prominent philanthropist whose lifetimedonationstotaled $95 million, including $5 million to theMetropolitan Museum of Art,$15 million to theNew York Public Library,$18 million toLincoln Center for the Performing Arts,and $20 million for the $150 millionFrederick Phineas and Sandra Priest Rose Center for Earth and Spaceat theAmerican Museum of Natural History.[2]
Rose helped to create the Association of Yale Alumni and was the first chair of its Board of Governors from 1972 to 1974. He was a member of the University Council from 1976 to 1981 and served on the Yale Corporation as a Fellow from 1989 to 1994.[4]In 1976, Rose received the Yale Medal for outstanding service to the university; in 1991, he received the Medal of Honor from the Yale Science and Engineering Society; and in 1988, Yale awarded him an honorary Doctor of Humane Letters degree.[4]After his death in 1999, for Rose's support of good design and the spirit of public service, the Rose Architectural Fellowship was created in his honor.
Personal life[edit]
In the 1940s, he married Sandra Priest[2]whom he met when she was 19 and a student atVassar College.[8]She returned in mid-life to school and graduated with a B.A. fromManhattanville Collegeand a M.A. in learning disabilities fromThe College of New Rochelle;she later taught junior high school students in the South Bronx.[8]They had four children: Deborah Rose;Jonathan F. P. Rose,one of the largest developers of affordable and green housing inNew York City;[9][10]Samuel Priest Rose, a professor at theUniversity of Colorado at Denverprior to his death in 1994;[11]and Adam Raphael Rose, the current co-president (with cousin Amy Rose) of Rose Associates.[6][2]His nephews and nieces includeGideon Rose(son of his brother Daniel), theeditorofForeign Affairsand a member of theCouncil on Foreign Relations;David S. Rose(also son of Daniel), author of the New York Times best selling books "Angel Investing" and "The Startup Checklist"; and Isabel Rose (daughter of his brother Elihu), author of the 2005 novel TheJ.A.P. Chronicleswhich she also adapted into anOff Broadwaymusical.[6][12]His granddaughter is artistRachel Rose.His funeral was held at the Westchester Reform Temple inScarsdale, New York.[3]
References[edit]
- ^abBuildingNY: "The Life of Jonathan F. P. Rose"October 10, 2012
- ^abcdefghijklmNew York Times: "Frederick P. Rose, 2d-Generation Builder And a Major Philanthropist, Is Dead at 75" By CHARLES V. BAGLISeptember 16, 1999
- ^abNew York Times: "Paid Notice: Deaths ROSE, FREDERICK P."September 19, 1999
- ^abcYale Bulletin: "Philanthropist and builder Frederick P. Rose '44E dies"Archived2015-04-07 at theWayback MachineSeptember 27-October 4, 1999 Volume 28, Number 6
- ^Real Estate Weekly: "Frederick P. Rose dies at 75"September 22, 1999
- ^abcNew York Observer: "The Rose Family" By Jason HorowitzDecember 18, 2006
- ^New York Times: "In City Real Estate, Old Clans Are Shrewd Again" By CHARLES V. BAGLIFebruary 8, 2010
- ^abWAG Magazine: "The Three Rs – Reading, 'Riting and Sandra Priest Rose" By Georgette GouveiaJanuary 2013
- ^30 Minute Interview: "Jonathan F. P. Rose" By VIVIAN MARINOJanuary 15, 2010
- ^Commercial Observer: "La Vie En Rose: Jonathan Rose on Making Real Estate Greener and More Affordable" By Danielle SchlangerJanuary 7, 2015
- ^University of Colorado at Denver Department of Psychology: "Samuel Priest Rose Scholarships"retrieved June 19, 2016
- ^New York Times: "'J.A.P. Chronicles' Looks to See What Lies Under a Stereotype" by ANNE MIDGETTEMay 12, 2006