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.
No comments:
Post a Comment