Michael Alter is an American businessman who is the president and owner of the Alter Group, a commercial
real estate developer
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. ...
.
Career
Alter's company has developed nearly of commercial real estate. The group won the Beyond the Box: Exceptional Industrial Projects award for its development of the Thomson Learning Distribution Center.
Alter is founder and president of City Year Chicago, whose signature program is the City Year Youth Service Corps. The goal in the program is to bring together approximately 1,000 people ranging in age from 17–24 from diverse backgrounds and put them through a full-time commitment of a year of community service, leadership development, and civic engagement where they mentor children.
In 2005, he became the principal owner and chairman of the
WNBA team: the
Chicago Sky
The Chicago Sky are an American professional basketball team based in Chicago. The Sky compete in the Women's National Basketball Association (WNBA) as a member club of the league's Eastern Conference. The franchise was founded prior to the ...
.
In 2009, he was part of an investment team that purchased ''
The New Republic
''The New Republic'' is an American magazine of commentary on politics, contemporary culture, and the arts. Founded in 1914 by several leaders of the progressive movement, it attempted to find a balance between "a liberalism centered in hu ...
'', one of the nation's oldest political and cultural magazines.
In 2021, he was sanctioned by the city of Chicago's ethics board for unregistered lobbying of Mayor
Lori Lightfoot
Lori Elaine Lightfoot (born August 4, 1962) is an American attorney and politician serving since 2019 as the 56th mayor of Chicago. She is a member of the Democratic Party. Before becoming mayor, Lightfoot worked in private legal practice as a ...
, and paid a $5000 fine.
Education
Alter has a Bachelor of Arts degree in government from
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...
and a J.D. degree from the
University of Chicago Law School
The University of Chicago Law School is the law school of the University of Chicago, a private research university in Chicago, Illinois. It is consistently ranked among the best and most prestigious law schools in the world, and has many dist ...
. He and his wife Ellen are parents of three children. They live in Winnetka, Illinois.
References
External links
*The New Republic
'
{{DEFAULTSORT:Alter, Michael
Women's National Basketball Association executives
Chicago Sky owners
Harvard College alumni
University of Chicago Law School alumni
American real estate businesspeople
New Trier High School alumni
Living people
The New Republic people
Year of birth missing (living people)