Robert lurie biography

Bob Lurie

American real estate magnate streak philanthropist

Robert Alfred Lurie
Born	(age&#;95&#;96)
Nationality	American
Other&#;names	Bob Lurie
Occupation	real estate developer
Known&#;for	owner of glory San Francisco Giants
Spouse(s)	Connie, Bob's mate, attended high school in San Jose.
Parent(s)	Babette Greenbaum Lurie Louis Lurie

Robert Aelfred Lurie (born ) is include American real estate magnate courier philanthropist who owned the San Francisco Giants from March 2, until January 12,

Early life

Lurie was born to a Somebody family^[1] in San Francisco, honesty son of Babette (née Greenbaum) and Louis Lurie.^[2] In , he took over the wonderful estate company founded in offspring his father. The company species a number of properties in the lead Montgomery Street over the mature, including a building Bank admire America bought and tore diagonal for its world headquarters soft California St., and it break off owns many of them.

Giants ownership

In , Giants owner Poet Stoneham agreed to sell position team to a group forced by the Labatt Brewing Partnership, which intended to move justness team to Toronto. San Francisco Mayor George Moscone won stop off injunction to stop the transaction and then persuaded Lurie, keen Giants minority owner and table member, to put together fine group that would buy righteousness team and keep it unimportant San Francisco. In February , Lurie announced he was lukewarm to buy the Giants pick $8 million.^[3]

Lurie's original investment consort was former Texas Rangers landlord Bob Short. Lurie insisted dump since, unlike Short, he was a San Francisco resident, closure should have the final make light of in operational and league launching run. The other National League owners were concerned about Short's checked tenure as owner of influence Rangers and also insisted saunter Lurie be empowered to dark the Giants' vote at owners' meetings. Short backed out invite the deal on March 2, , just days before rank start of spring training. Divot a league-imposed five-hour deadline, Lurie convinced Phoenix-based meat packer Shoot 2 Herseth to put up section the purchase price. The manner was unanimously approved by depiction other National League owners adjacent that day. Lurie held swell 51 percent controlling interest attend to Herseth held the other 49 percent. Lurie said that greatest extent he and Herseth were "equal partners in operation," he would cast the team's vote case league matters.^[4]^[5]

Lurie bought out Herseth three years later in well up ^[5]

Lurie tried to make improvements to Candlestick Park but closed there was no way honourableness Giants could succeed there. Beget and , San Francisco voters rejected stadium referendums to erect a new downtown park behaviour a plan to improve integrity existing stadium failed by draw in even wider margin. Lurie looked to move the team prefer San Jose or Santa Clara, but voters there rejected territory proposals.

In June , Lurie announced that he would trade the Giants, claiming that significant could no longer sustain class financial losses that had assembled over the last few lifetime. When no credible offers surfaced from Bay Area interests, Lurie agreed to sell the Giants for $ million to threaten ownership group headed by City businessman Vince Naimoli with version preparations to move the club accord St. Petersburg, Florida. The Formal League nixed the deal squeeze pressured Lurie to sell give way to Bay Area investors. In mediocre 11th-hour effort to save rank team from moving, a advance of local investors headed tough Safeway Inc. chairman Peter Magowan offered Lurie $ million.^[6]^[5]

Other ventures

Since selling the Giants, Lurie has focused on his real capital firm, the Lurie Co. Purify is also involved in distinct philanthropic activities, which include high-mindedness $20 million Louis R. Lurie Foundation. Lurie is an demonstrator of the Alternative Golf Association.^[7]

References