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Jeffrey Feil
Jeffrey Feil
Born	1947 (age 77–78)
Nationality	American
Education	University of Cincinnati (BS); Brooklyn Law School (JD)
Occupation	real estate developer
Known for	president and CEO of The Feil Organization
Spouse	Lee Feil
Parent(s)	Gertrude Cohen Feil; Louis Feil
Family	Marilyn Feil Barry (sister); Judith Feil Jaffe (sister); Carole Feil (sister)

Jeffrey Feil is a New York-based real estate developer and president and CEO of The Feil Organization.

Early life and education

Feil was born to a Jewish family, the only son of Gertrude (née Cohen)^[1] and Louis Feil.^[2] His father first worked in the fur business before investing into real estate in the 1950s.^[3] He took a conservative approach using minimal debt and re-invested his profits which enabled him to grow his portfolio steadily and to survive the inevitable downturns.^[4] His father's motto was "take care of your buildings and your buildings will take care of you."^[4] Feil was raised in Rockville Centre, New York.^[3] He has three sisters: Marilyn Barry (born 1938), Judith Jaffe (born 1940), and Carole Feil (born 1944).^[3] Feil graduated with a B.S. from the University of Cincinnati and a J.D. from Brooklyn Law School.^[5]

Career

In 1978, he joined The Feil Organization and after his father retired in 1988, he was running the organization.^[4] His brother-in-law Stanley Barry, helped to manage the New York portfolio; his nephews, Justin and Eric Derfner, also worked for the Feil Organization.^[3] In 1999, his father died with an estate estimated at $250 million.^[3] In 2002, Feil was a founding partner of RCG Longview, a real estate financing company, separate from the Feil Organization.^[5]^[6] RCG Longview and the Feil Organization, would often partner together to complete transactions.

In 2004, he was an investor in a group that purchased the 110-story Sears Tower in Chicago for $840 million with partners Joseph Moinian, Joseph Chetrit, and Lloyd Goldman, eventually changing the name to the Willis Tower in 2009.^[7] After the real estate crash of 2008–2009, and backed by the real estate held by the Feil Organization, he made several large and lucrative purchases.^[3] In 2009, he partnered with Lloyd Goldman and Stanley Chera to purchase for $117 million the retail space in The St. Regis Hotel; in 2012, they sold it for $380 million.^[3] Also in 2009, he partnered with George Comfort & Sons to purchase One Worldwide Plaza for $590 million after developer Harry Macklowe turned the property over to his lenders after the real estate crash (Macklowe had paid $1.74 billion for it in 2008); in 2013, they sold 49% of the building to RXR Realty, LLC for $600 million.^[8] In 2010, he co-developed Bakery Square in Pittsburgh.

As of 2013, the Feil Organization owns or manages over $7 billion in real estate spread over nine states^[3] including the Fred F. French Building and the General Electric Building.^[3]

Philanthropy

In 2011, Feil donated $3 million to the South Nassau Communities Hospital in Oceanside, New York to build a cancer center. The center was renamed The Gertrude & Louis Feil Cancer Center at South Nassau Communities Hospital.^[9] Feil serves as a trustee for the Joan & Sanford I. Weill Medical College and Graduate School of Medicine; Yeshiva University, and Brooklyn Law School.^[5] He also serves on the Board of Governors of the Real Estate Board of New York and is president of the Feil Family Foundation.^[5] In 2013, Feil donated $28 million to establish the Feil Family Brain and Mind Research Institute at Weill Cornell Medical College.^[10] Also in 2013, Feil and his wife Lee donated $5 million to the Peconic Bay Medical Center to open an ambulatory care campus in Manorville, New York. It will be named The Gertrude and Louis Feil Campus for Ambulatory Care.^[11]^[12]

Personal life

Feil lives with his wife Eileen "Lee" Feil in Remsenburg, New York.^[11] After his mother's death in 2006, his three sisters accused him of withholding distributions from their father's estate. The matters within the family ended in 2017 when a settlement was reached within the family.^[13]^[14]^[15]