Thursday 18 April 2013

Gerald Monter Created Successful Business



Many people believe that creating your own business is hard. For some people it is hit or miss. Some people create a successful business on their first try while others may have a couple failed businesses before they have one that continues to grow. There are many factors that depend on the success of the business. Some factors behind success are debatable but Gerald Monter knows that his personal business is well-established and community recognized. 

Gerald Monter may no longer consider himself an entrepreneur, but he created his business in 1951, after switching his career from teaching. He created The Holiday Organization which is a family-owned real estate development company based in New York. His development projects range from New York to Florida and are primarily residential.  The company was originally called Holiday Park Inc, but the name changed when the company expanded to also building apartments, office buildings, and shopping centers. In the course of building properties, there are different corporations/names used for each and every property built.

Over the years, Gerald Monter developed residential buildings like single-family homes, condominiums, and apartment buildings. Even though it is a family-owned business, Gerald Monter's company has already developed over 8,000 residential buildings some of which are in gated communities. He does develop and lease office building as well.
Gerald Monter does admit that his business has made him a wealthy man. However, Gerald Monter did not horde his wealth. With six decades as a business owner, Gerald Monter made sure to give to others through generous donations. In 2006, he opened the Monter Cancer Center on Long Island. The cancer center was a $17 million donation for treating patients with cancer. It is a cause that 

Gerald Monter feels very passionate about.

Gerald Monter used his extra time and money to help other organizations. He donates and serves other organizations like the Gurwin Jewish Geriatric Center, the American Cancer Society, and the North Shore-Long Island Jewish Health Care System. As a supporter of the performing arts, Gerald Monter is a fundraiser and board member of the Tilles Center for Performing Arts.

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