Disque D. Deane (July 6, 1921 – November 8, 2010) was a prominent American financier and investor. He was the founder of, and a general partner in Starrett City Associates, which owned

Starrett City Starrett City (formally known as the Spring Creek Towers) is a housing development in the Spring Creek section of East New York, in Brooklyn, New York City. It is located on a peninsula on the north shore of Jamaica Bay, bounded by Fresh Creek t ...

in Brooklyn (now called Spring Creek Towers). Deane was at one time a partner at

Lazard Lazard Ltd (formerly known as Lazard Frères & Co.) is a financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients. It is the world's lar ...

, the investment bank, where he revolutionized corporate finance by pioneering sale-leaseback transactions. After his death, Starrett City Associate
sold the property
in 2018.

Biography

Disque was a 1939 graduate of

Stuyvesant High School Stuyvesant High School (pronounced ), commonly referred to among its students as Stuy (pronounced ), is a State school, public university-preparatory school, college-preparatory, Specialized high schools in New York City, specialized high school ...

and attended Duke University. Deane was a founder of

Corporate Property Investors Corporate Property Investors was a real estate investment trust that built several notable shopping centers, including Lenox Square in Atlanta, the Burlington Mall in Massachusetts, and Roosevelt Field Mall in New York. History CPI was founded i ...

which was sold to the Simon Property Group and which sold the

General Motors Building A general officer is an officer of high rank in the armies, and in some nations' air forces, space forces, and marines or naval infantry. In some usages the term "general officer" refers to a rank above colonel."general, adj. and n.". OED On ...

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of ...

and Conseco Insurance for $878 million in 1998. Other positions held by Disque Deane included Chairman of The Deane Group, private merchant bankers, and Bolfarm S.R.L, a large Bolivian industrial agricultural company. Deane held senior positions and directorships at Eastman Dillon Union Securities,

RCA Corporation The RCA Corporation was a major American electronics company, which was founded as the Radio Corporation of America in 1919. It was initially a patent trust owned by General Electric (GE), Westinghouse, AT&T Corporation and United Fruit Com ...

, and

Sun Chemical Sun Chemical is the world's largest producer of printing inks and pigments and is located in Parsippany-Troy Hills, New Jersey. It was incorporated in 1945. The company has its roots as the Lorilleux & Cie. Paris in 1818, but was incorporated ...

. Deane was the Chairman of the Deane Laboratory at Duke University.

Personal life

Mr. Deane was married to his first wife, Anne Shepard Delafield, in 1945. Disque had a son, Hare Delafield Deane born in 1949 to his first wife. They divorced in 1950. He married his second wife, Marjorie Angele Schlesinger, Chairman and Publisher of the

Tobe Report Tobe may refer to: * Tobe, a trademark for ski suits and snowmobile suits * Tobe, Ehime, a town in Japan ** Tobe ware porcelain from Tobe, Ehime * Tobe Hooper (1943–2017), American horror film director * Tobe! Polystars arcade game * Tobe Se ...

in 1952. They had four children: Marjorie Gregg Swain, Kathryn Morgan Deane-Krantz, Disque D. Deane, Jr., and Walter Longstreet Deane in addition to several grandchildren.Marjorie Deane, 80, Authority on Fashion
/ref> They divorced in 1991. That same year, Mr. Deane married his third wife, Carol Woodin Gram. They had two children: Anne and Carl. A resident of

Boston Boston (), officially the City of Boston, is the capital city, state capital and List of municipalities in Massachusetts, most populous city of the Commonwealth (U.S. state), Commonwealth of Massachusetts, as well as the cultural and financ ...

, Deane died at the age of 89 on November 8, 2010, at his home there due to

pneumonia Pneumonia is an inflammatory condition of the lung primarily affecting the small air sacs known as alveoli. Symptoms typically include some combination of productive or dry cough, chest pain, fever, and difficulty breathing. The severi ...

.Bagli, Charles V
"Disque D. Deane, Real Estate Investor, Dies at 89"
''

The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

'', November 17, 2010. Accessed November 17, 2010. Services were held at the Fifth Avenue Presbyterian Church.

References

External links

Portrait by Steve Dunwell
{{DEFAULTSORT:Deane, Disque 1921 births 2010 deaths Deaths from pneumonia in Massachusetts Duke University alumni Businesspeople from Boston Businesspeople from New York City Stuyvesant High School alumni Place of birth missing 20th-century American businesspeople