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Abraham_E._Lefcourt

Abraham E. Lefcourt

Abraham E. Lefcourt (1877-1932) , better known as A.E. Lefcourt, was a prominent real estate developer in New York City in the 1920s. All but forgotten today, in his lifetime Lefcourt was known as the one of the city's most prolific developers of Art Deco buildings. Describing Lefcourt in a 1930 newspaper article, The New York Times said, "No other individual or building organization has constructed in its own behalf as many buildings as are in the Lefcourt Group."

An entrepreneur, Lefcourt had numerous other business interests, including founding the Lefcourt Normandie National Bank, which eventually became a part of JP Morgan Chase.

Notwithstanding his success and a net worth reported to have been as much as $100 million in 1928, Lefcourt's empire began to unravel during the Depression, with his company going into foreclosure and his buildings being auctioned off. In 1932, with creditors pursuing him and others accusing him of fraud, Lefcourt suffered a heart attack in his Savoy-Plaza Hotel apartment, and died at the age of 55.

Buildings

Among Lefcourt's more notable real estate development projects:

Notes

Sources

Columbia University, Graduate School of Architecture, Planning and Preservation

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