Age, Biography and Wiki
Stanley Chera (Stanley Isaac Chera) was born on 22 October, 1942 in New York City, US, is a Founder. Discover Stanley Chera's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 78 years old?
| Popular As |
Stanley Isaac Chera |
| Occupation |
Businessman, investor |
| Age |
77 years old |
| Zodiac Sign |
Libra |
| Born |
22 October, 1942 |
| Birthday |
22 October |
| Birthplace |
New York City, US |
| Date of death |
April 11, 2020 |
| Died Place |
New York City, US |
| Nationality |
United States |
We recommend you to check the complete list of Famous People born on 22 October.
He is a member of famous Founder with the age 77 years old group.
Stanley Chera Height, Weight & Measurements
At 77 years old, Stanley Chera height not available right now. We will update Stanley Chera's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Stanley Chera's Wife?
His wife is Frieda
| Family |
| Parents |
Not Available |
| Wife |
Frieda |
| Sibling |
Not Available |
| Children |
3 |
Stanley Chera Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Stanley Chera worth at the age of 77 years old? Stanley Chera’s income source is mostly from being a successful Founder. He is from United States. We have estimated
Stanley Chera's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Founder |
Stanley Chera Social Network
| Instagram |
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| Wikipedia |
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Timeline
Chera was hospitalized for an unknown illness in March 2020 and later tested positive for COVID-19. Prior to his hospitalization, he had relocated to his home in Deal, New Jersey. Chera entered a coma the following week and died on April 11, 2020. His wife also contracted the virus, but recovered.
Donald Trump, in a May 2020 Fox News interview, described Chera's death as having a high impact on his thinking:
In June 2013, Chera purchased 650 Madison Avenue for $1.3 billion in partnership with Highgate Holdings from the Carlyle Group. He was an investor in the One World Trade Center and accumulated significant property in Red Hook, Brooklyn. Crown was also a prominent investor (along with Albert Laboz, Joseph Jemal, and Eli Gindi) in the Fulton Mall in Brooklyn. Chera had a conservative investment strategy borrowing no more than 25–35% of the purchase price given that they were long term holders in assets. In 2009, Crown held 15,000,000 square feet (1,400,000 m) real estate in New York City.
In a joint venture with The Carlyle Group and Charles Kushner, Chera sold the retail portion of 666 Fifth Avenue in two transactions for more than $1 billion; and also the retail portion of the St. Regis Hotel in a joint venture with Lloyd Goldman and Jeffrey Feil for $380 million. In 2010, he began the restoration of The Knickerbocker Hotel in Manhattan. In 2012, Chera purchased 49.9% interest in a four-building Fifth Avenue portfolio that included the Olympic Tower for $1 billion from the Alexander S. Onassis Public Benefit Foundation.
In the 1980s, Chera (then in charge of the family company) started purchasing real estate in New York City at first as a minority partner and later in 2000s as the lead developer. Chera was known for developing or "repositioning" the retail portion of his buildings and then selling the property.
Stanley Isaac Chera (October 22, 1942 – April 11, 2020) was an American businessman and investor. He was the founder of Crown Acquisitions. Born in Brooklyn to a Syrian Jewish family, Chera started purchasing real estate in New York City in the 1980s, first as a minority partner and later in 2000s as the lead developer.
Chera was born on October 22, 1942 in Brooklyn, New York City, to a Syrian Jewish family. In 1947, his father Isaac Chera opened a retail store called Young World in Brooklyn. The family later purchased the building and grew Young World into a chain purchasing the buildings as they expanded.
