Business
His father founded Charles E. Smith Co. in 1946, which grew to become one of the largest commercial and residential landlords in the Washington D.C. area, managing 24,000,000 square feet (2,200,000 m2) of office space and more than 30,000 residential units.
He and his brother-in-law, Robert P. Kogod, took charge of the company in 1967. He oversaw construction and development, and Kogod led leasing and management. He became chairman of Charles E. Smith Co. Commercial Realty, a division of Vornado Realty Trust, and chairman of Charles E. Smith Co. Residential, a division of Archstone-Smith Trust, both REITs listed on the New York Stock Exchange. They are best known for spearheading the development of the Crystal City complex in northern Virginia.
Read more about this topic: Robert Smith (philanthropist)
Famous quotes containing the word business:
“It is possible that the telephone has been responsible for more business inefficiency than any other agency except laudanum.... In the old days when you wanted to get in touch with a man you wrote a note, sprinkled it with sand, and gave it to a man on horseback. It probably was delivered within half an hour, depending on how big a lunch the horse had had. But in these busy days of rush-rush-rush, it is sometimes a week before you can catch your man on the telephone.”
—Robert Benchley (1889–1945)
“I’m afraid for all those who’ll have the bread snatched from their mouths by these machines.... What business has science and capitalism got, bringing all these new inventions into the works, before society has produced a generation educated up to using them!”
—Henrik Ibsen (1828–1906)
“My objection to Liberalism is this—that it is the introduction into the practical business of life of the highest kind—namely, politics—of philosophical ideas instead of political principles.”
—Benjamin Disraeli (1804–1881)