David Lichtenstein - Philanthropy

Philanthropy

David Lichtenstein and The Lightstone Group support a number of social causes, donating funds and property to help those in need. Lichtenstein makes regular contributions to the New York chapter of the Special Olympics and New York Cares. He also supports the work of Memorial Sloan-Kettering Cancer Center; and both he and Lightstone Group give to Matt’s Promise and Hospice of Virginia.

In September 2005, The Lightstone Group donated 50 Memphis apartments to help Hurricane Katrina victims in need of housing following the storm, offering the apartments rent-free for six months. "We are fortunate to have the ability to house families affected by this traumatic event and can only hope that in some small way, those affected by this tragedy will be able to take some comfort in receiving this temporary shelter," Lichtenstein said. Lichtenstein himself matched contributions to relief efforts dollar-for-dollar from all employees in The Lightstone Group's family of companies — The Lightstone Group, Prime Retail Inc., Prime Group Realty Trust (PGRT), Park Avenue Funding, LLC, Park Avenue Bank, Lightstone Securities and Lightstone Value Plus Real Estate Investment Trust.

Following Hurricane Sandy in November 2012, The Lightstone Group donated more than 11,000 square feet of office space at 1407 Broadway to assist businesses affected by the storm. More than 17 million square feet of office space in lower Manhattan had been shuttered in Sandy's aftermath. The donation — in collaboration with the city Economic Development Corporation — allowed the businesses to remain in the Manhattan offices for as long as six months.

Read more about this topic:  David Lichtenstein

Famous quotes containing the word philanthropy:

    I shall not be forward to think him mistaken in his method who quickest succeeds to liberate the slave. I speak for the slave when I say that I prefer the philanthropy of Captain Brown to that philanthropy which neither shoots me nor liberates me.
    Henry David Thoreau (1817–1862)

    ... the hey-day of a woman’s life is on the shady side of fifty, when the vital forces heretofore expended in other ways are garnered in the brain, when their thoughts and sentiments flow out in broader channels, when philanthropy takes the place of family selfishness, and when from the depths of poverty and suffering the wail of humanity grows as pathetic to their ears as once was the cry of their own children.
    Elizabeth Cady Stanton (1815–1902)

    Almost every man we meet requires some civility,—requires to be humored; he has some fame, some talent, some whim of religion or philanthropy in his head that is not to be questioned, and which spoils all conversation with him. But a friend is a sane man who exercises not my ingenuity, but me.
    Ralph Waldo Emerson (1803–1882)