Albert "Al" Laboz is a New York real estate developer, landlord, and the founder of United American Land.
Biography
Laboz was born to a
Syrian Jewish
Syrian Jews ( ''Yehudey Surya'', ''al-Yahūd as-Sūriyyūn'', colloquially called SYs in the United States) are Jews who live in the region of the modern state of Syria, and their descendants born outside Syria. Syrian Jews derive their origin ...
family, the son of real estate investor Jack Laboz. He has two brothers: Jody and Jason.
[The Real Deal: "Laboz family’s firm buys disputed Brooklyn dorm for $10.7M: source - Beaux-Arts building with 23 units set for conversion to luxury rentals" By Adam Pincus]
September 19, 2011 He and his brothers founded
Soho
SoHo, short for "South of Houston Street, Houston Street", is a neighborhood in Lower Manhattan, New York City. Since the 1970s, the neighborhood has been the location of many artists' lofts and art galleries, art installations such as The Wall ...
based United American Land (UAL).
[Make It In Brooklyn Magazine: "Albert Laboz"]
retrieved April 13, 2017 UAL focuses on restoring, improving, and reinventing historic buildings in
Tribeca
Tribeca ( ), originally written as TriBeCa, is a neighborhood in Lower Manhattan in New York City. Its name is a syllabic abbreviation of "Triangle Below Canal Street". The "triangle" (more accurately a quadrilateral) is bounded by Canal Str ...
,
Soho
SoHo, short for "South of Houston Street, Houston Street", is a neighborhood in Lower Manhattan, New York City. Since the 1970s, the neighborhood has been the location of many artists' lofts and art galleries, art installations such as The Wall ...
, the
Flatiron District
The Flatiron District is a neighborhood in the borough (New York City), borough of Manhattan of New York City, named after the Flatiron Building at 23rd Street (Manhattan), 23rd Street, Broadway (Manhattan), Broadway and Fifth Avenue. Generally ...
and
downtown Brooklyn
Downtown Brooklyn is the third-largest central business district in New York City (after Midtown Manhattan, Midtown and Lower Manhattan), and is located in the northwestern section of the borough (New York City), borough of Brooklyn. The neighb ...
, into luxury residences; and transforming overlooked commercial property for upgraded retail use.
UAL was also selected by the
New York City Economic Development Corporation
New York City Economic Development Corporation (NYCEDC) is a public-benefit corporation that serves as the official economic development organization for New York City. NYCEDC gives its mission as strengthening business confidence in New York C ...
to own and develop the Brooklyn Municipal Building into prime retail space.
Laboz (along with
Stanley Chera
Stanley Isaac Chera (October 22, 1942 – April 11, 2020) was an American billionaire, businessman and investor. The founder of Crown Acquisitions. Born in Brooklyn to a Syrian Jewish family, Chera started purchasing real estate in New York City ...
,
Joseph Jemal, and
Eli Gindi) is leading the redevelopment of the
Fulton Mall
Fulton Street is a long east–west street in northern Brooklyn, New York City. This street begins at the intersection of Adams Street and Joralemon Street in Brooklyn Heights, and runs eastward to East New York and Cypress Hills. At the bo ...
in
downtown Brooklyn
Downtown Brooklyn is the third-largest central business district in New York City (after Midtown Manhattan, Midtown and Lower Manhattan), and is located in the northwestern section of the borough (New York City), borough of Brooklyn. The neighb ...
[The Real Deal: "Families plot Fulton Mall face-lift - A parcel-by-parcel look at what the corridor's tight-knit group of owners has in store" By Patrick Egan]
January 31, 2011 where Laboz is developing a new
H&M store above a transit hub.
Laboz's plan is to turn the Fulton Mall into the new
34th Street 34th Street most commonly refers to 34th Street (Manhattan)
34th Street is a major crosstown street in the New York City borough of Manhattan. It runs the width of Manhattan Island from the West Side Highway on the West Side to FDR Drive on t ...
.
Although Laboz is a preservationist, he’s an advocate for streamlining the bureaucracy of the
Landmarks Preservation Commission
The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and c ...
.
[Commercial Observer: "Albert Laboz, United American Land"]
October 8, 2013 Laboz serves as chairman of the Fulton Mall Improvement Association; and is a member of the executive committee of the Downtown Brooklyn Partnership and the MetroTech Business Improvement District.
He is also a trustee of the
Yeshiva of Flatbush
The Yeshivah of Flatbush (YOF) is a Modern Orthodox private Jewish day school located in the Midwood, Brooklyn, Midwood section of Brooklyn, New York. It educates students from age 2 to age 18 and includes an early childhood center, an elementa ...
.
He is a supporter of
Chai Lifeline
Chai Lifeline is a ''chesed'' organization founded in 1987 by Rabbi Simcha Scholar to help families with "children battling a deadly disease."
Although they have professional staff, much of their work depends on volunteers,
whose ranks include ...
, a charity dedicated to improving the lives of children stricken with genetic disorders and cancer.
He is a director of the
Orthodox Union
The Orthodox Union (abbreviated OU) is one of the largest Orthodox Jewish organizations in the United States. Founded in 1898, the OU supports a network of synagogues, youth programs, Jewish and Religious Zionist advocacy programs, programs f ...
. He is the president of his synagogue Ohel David and Shlomo in Brooklyn. He is married to Renee Laboz and lives in Brooklyn and summers in
Deal, New Jersey
Deal is a borough situated on the Jersey Shore within Monmouth County, in the U.S. state of New Jersey. The community was settled by Europeans in the mid-1660s and named after an English carpenter from Deal, Kent. As of the 2020 United State ...
.
Jewish Voice New York: "The Special Children's Center Annual Breakfast Fundraiser at the Laboz Home in Deal, NJ"
July 13, 2016
References
External links
CunyTV: The Stoler Report: "Brooklyn: The Hub of Growth in New York City"
{{DEFAULTSORT:Laboz, Albert
American businesspeople in real estate
American people of Syrian-Jewish descent
American people of Syrian descent
Businesspeople from Monmouth County, New Jersey
Living people
People from Deal, New Jersey
Year of birth missing (living people)
American landlords