Stephen Muss

Stephen Muss
Born 1928 (age 87–88)
New York City
Nationality United States
Occupation Businessman
Known for Real estate developer
Religion Judaism
Spouse(s) Sandra Paul Muss
Parent(s) Alexander Muss
Family Isaac Muss (grandfather)

Stephen Muss (born 1928)[1] is an American real estate developer known for leading the resurgence and redevelopment of Miami Beach, Florida.

Early life and education

Muss was born to a Jewish family in New York City[2][3] and raised in Bensonhurst, Brooklyn.[4] His father, Alexander, was one of eleven children, six of them brothers who worked for their father's construction company building homes during and after the Great Depression.[2] Muss worked for the family business first as a laborer and then in sales and construction supervision.[2]

Career

Muss eventually went into a partnership with his father founding Alexander Muss & Sons developing 30 acres of tract homes on Long Island.[2] From 1952 through 1968, they went on to develop over 20 subdivisions with about 20,000 houses in Queens, New Jersey, and on Long Island; they also built over 4,000 multifamily units.[1] In the 1950s, his family moved to Florida[2] His father, now a multi-millionaire, built the Seacoast Towers in Miami Beach,[2] known for the distinctive MiMO architectural style, the Towers of Key Biscayne, and the Towers of Quayside.[4] In 1967, Stephen took over the Florida business, now named the Muss Organization, becoming Miami Beach's single largest landlord.[4]

In 1978, Muss bought the largest hotel in Miami-Dade County, the aging Fontainebleau Hotel, for $27 million[4] rescuing it from bankruptcy.[2] He injected an additional $100 million into the hotel for improvements[2] and hired the Hilton company to manage it.[4] In 2005, the Muss Organization sold the Fontainebleau to Turnberry Associates[5] for $165 million.[4]

Muss was seminal in getting Miami Beach to implement a 3% "bed" tax to rebuild the city's aging infrastructure[4] which included refurbishing and expanding its convention center.[4][6] He was the president of the Miami Beach Redevelopment Agency.[7] In 1994, he sold the Seacoast Towers for $94 million.[4]

Philanthropy

Muss is the chairman of the Alexander Muss High School in Israel and honorary chairman of The Lapid, Coalition for High School Age Programs in Israel.[8][9] Muss has served as Board Chair of Temple Emanu-El and also served on the Board of the Miami Art Museum and on the Board of Governors of Haifa University.[10]

Personal life

Muss married the ex-wife of his friend and CenTrust banker David Paul, who was sentenced to eleven years in federal prison.[4] His wife Sandra is a daughter of Holocaust Survivors and was Board Chair of the Holocaust Memorial in Miami Beach. She is currently a member of the Board of the American Jewish Joint Distribution Committee (JDC).[10] The Musses are members of Temple Emanu-El in Miami Beach.[10]

References

  1. 1 2 New York Times: "Perspectives: Brighton Beach; Revising (Again) a Plan for the Baths Site" By ALAN S. OSER May 17, 1992
  2. 1 2 3 4 5 6 7 8 South Florida Business Journal: "Born to build - Muss, Soffer progeny develop joint project : Fontainebleau II" by Stephen Van Drake March 11, 2002
  3. ↑ We Are Many: Reflections On American Jewish History And Identity By Edward S Shapiro retrieved April 13, 2013
  4. 1 2 3 4 5 6 7 8 9 10 Fool's Paradise: Players, Poseurs, and the Culture of Excess in South Beach By Steven Gaines pages 100 -110
  5. ↑ Sun-Sentinel: "Turnberry Buys Fontainebleau - $150 Million Targeted For Upgrades" by Tom Stieghorst January 21, 2005
  6. ↑ The Miami News: "Convention Center's Name Stirs a Debate" by Merwin Sigale june 15, 1988
  7. ↑ The Miami News: "Can't Shoot Down Steve Muss with Blanks" by Howard Kleinberg October 31, 1979
  8. ↑ The New York Jewish Week: "End The Duplication On High School Israel Programs" by Stephen Muss May 15, 2012
  9. ↑ The Jerusalem Post: "Spotlight on new Trend: High School Programs in Israel" By ALEXANDER MUSS HIGH SCHOOL IN ISRAEL February 26, 2012
  10. 1 2 3 Jewish Miami: "The Main Event Featuring Keynote Speaker Dan Senor and Entertainment by Tararam - Honoring Stephen & Sandra Muss with the Friend of Israel Humanitarian Award Muss" 2011
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