Stanley Gumberg

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Stanley Gumberg
Born
Stanley R. Gumberg

May 30, 1927
Pittsburgh, Pennsylvania, U.S.
DiedFebruary 16, 2009(2009-02-16) (aged 81)
Pittsburgh, Pennsylvania, U.S.
EducationDuquesne University (BA)
Occupation(s)Businessman, investor, philanthropist, sailor
Known forChairman of J.J. Gumberg Co.
SpouseMarcia Morgan
Children3

Stanley R. Gumberg (May 30, 1927 – February 16, 2009) was an American businessman, investor, philanthropist, and sailor. He was chairman of J.J. Gumberg Co.[1][2]

Biography[edit]

Gumberg was born to a Jewish family in Pittsburgh on May 30, 1927, the son of Lillian (née Zimmer) and Joseph J. Gumberg.[3][1] His father operated a real estate brokerage, J.J. Gumberg Company, which he founded in 1923.[1] His wife owned and operated bookstores in the Pittsburgh neighborhoods of Squirrel Hill (where Gumberg was raised) and Shadyside.[3] After graduating from Taylor Allderdice High School, he joined the United States Navy where he served as a medical assistant.[1][3] Using the G.I. Bill, he graduated with a B.A. from Duquesne University in 1950 and then went to work for his father's firm.[1] In 1964, after building the Quaker Village shopping center in Leetsdale, the focus of the company shifted to development.[1] Thereafter, he presided over the development of some of the region's first shopping malls and expanded out of the state via a relationship with Walmart.[2] At the time of his death, Gumberg controlled over 15 million square feet of retail properties in six states[1] including the malls at Pittsburgh's Waterworks, Clearview Mall in Butler, and North Hills Village.[2]

Buncher belonged to the older generation of Pittsburgh real estate developers––such as Edward J. Lewis, Joseph Soffer, Jack Buncher, and Leonard Rudolph––who conducted business with a handshake.[4]

Philanthropy[edit]

Gumberg was active in donating to educational and Jewish causes.[1] Gumberg served on the board of Duquesne University—where the Gumberg Library is named in his honor—for over twenty years.[1] He served as chairman of the board of Montefiore Hospital and presided over its sale in 1990 to form the Jewish Healthcare Foundation.[1] He also served on the boards of Carnegie Mellon University (where he utilized his construction aptitude to oversee over $100 million in new projects); Seton Hill University; Westminster University, and the Urban League.[1]

Horse racing[edit]

For over 40 years, Gumberg owned and operated the thoroughbred racing stable, Skara Glen Stables in Greensburg, Pennsylvania.[5] Famous progeny include Cinnomon Sugar, Weekend Madness, Red Roses Story, Jazil and Rags to Riches, along with the hunter, Corsani, and show jumper, Chinita.

Personal life[edit]

He married Marcia Morgan soon after graduating high school; they had three sons: Ira, Lawrence, and Andrew.[1][3][6] Gumberg and his wife were avid collectors of art and his wife chaired the board of the Carnegie Museum of Art.[1] The couple were members of Rodef Shalom Congregation in Shadyside, Pittsburgh.[1][3] He died of lung cancer on February 16, 2009, at his home in Pittsburgh.[1] His son Ira J. Gumberg, purchased the family interest in J.J. Gumberg Co. from his two brothers and serves as its chairman and CEO;[7][8] he is married to Anita Courcoulas.[9][6] Gumberg's son, Lawrence, is president of Pittsburgh-based LG Realty Advisors Inc;[7] he is married to Ina Gumberg.[6][10][11] Gumberg's son, Andrew, is president and CEO of Fort Lauderdale-based Gumberg Asset Management Corp;[7][5] he is divorced from Lorraine Abruzzo[5] and since remarried to Christine "Christy" Ann McMullian.[6]

References[edit]

  1. ^ a b c d e f g h i j k l m n o Pittsburgh Post Gazette: "Obituary: Stanley R. Gumberg / Real estate developer, philanthropist (May 30, 1927 - Feb. 16, 2009)" by Elwin Green February 9, 2009
  2. ^ a b c Pittsburgh Business Journal: "Pittsburgh real estate mogul Stanley Gumberg dies at 81" February 18, 2009
  3. ^ a b c d e Pittsburgh Tribune: "People skills spelled success for developer" by Jerry Vondas February 18, 2009
  4. ^ Pittsburgh Post Gazette: "Who will be next to build region? - Eddie Lewis' death creates a big void" By Dan Fitzpatrick December 2, 2006
  5. ^ a b c Sowers, Richard (February 25, 2014). The Kentucky Derby, Preakness and Belmont Stakes: A Comprehensive History. McFarland. p. 45. ISBN 9780786476985.
  6. ^ a b c d The Jewish Chronicle: "Stanley R. Gumberg" retrieved April 16, 2017 |"devoted father of Ira (Anita) Gumberg and Lawrence (Ina) Gumberg, of Pittsburgh and Andrew (Christy) Gumberg of Ft. Lauderdale, FL"
  7. ^ a b c Semmes, Ben (June 27, 2008). "Gumberg family feud spills into the courts". Pittsburgh Business Times. Retrieved August 16, 2022.
  8. ^ "JJ Gumberg Co. - Ira J. Gumberg". JJ Gumberg Co. May 26, 2022. Retrieved August 16, 2022.
  9. ^ The News-Press: "TENA COURCOULAS - NOVEMBER 25, 2012" November 27, 2012
  10. ^ Pittsburgh Post Gazette: "Hillman Cancer Center Gala held at Consol Energy Center" November 19, 2011
  11. ^ The Jewish Chronicle: "Friendship Circle celebrates seven years of ‘friendship’ in the Burgh" 2013
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