Saul B. Katz
|Born||1939 (age 79–80)|
|Education||B.A. Brooklyn College|
|Occupation||Real estate developer|
|Known for||Co-founder of Sterling Equities|
President of the New York Mets
|Children||Heather Katz Knopf|
Natalie Katz O’Brien
David M. Katz
|Family||Fred Wilpon (brother-in-law)|
Saul Katz (born 1939) is the President of the New York Mets.
Born to a Jewish family in Brooklyn he graduated from Brooklyn College in 1960 with a degree in accounting. In 1972, he cofounded Sterling Equities, a commercial real estate development company, with his brother-in-law Fred Wilpon. They built a development of townhouses in Tarrytown, a suburb in Westchester County which was very successful. Seeking to minimize their tax obligations, they purchased real estate throughout the country that had favorable tax treatment which turned out to be a boon since they were unknowingly buying property at the bottom of the market. In addition, he serves as the President of the Brooklyn Cyclones, a Mets minor league affiliate.
Entities and individuals affiliated with Katz and Wilpon received $300 million in respect of investments in the Bernard Madoff Ponzi scheme. Wilpon and Katz "categorically reject[ed]" the charge that they "ignored warning signs" about Madoff's fraud.
Katz is married to Iris Katz, sister of the Mets managing partner Fred Wilpon. They have three children: Heather Katz Knopf, Natalie Katz O’Brien, and David M. Katz. The Katzes live in Glen Cove, New York and have a winter home in Boca Raton, Florida.
- Record Pilot: "Chabad Bids Shalom...Festival of Lights Illuminates Village Square By Carla Santella Archived 2015-09-23 at the Wayback Machine. December 14, 2007
- Jewish Foundation for the Righteous: "On Monday, December 1, 2014, the JFR will honor Iris and Saul Katz with the Foundation’s Recognition of Goodness award" retrieved October 24, 2014
- New York Times: "Paid Notice: Deaths KATZ, ROSE" September 23, 2003
- New York Post: "Mets’ owners’ kin made millions from Madoff: suit" By Kathianne Boniello February 6, 2011
- Brooklyn College Foundation Board of Trustees retrieved October 24, 2014
- Sports Illustrated: "Pays The Price" by Tom Verducci May 30, 2011
- The New Yorker: "Madoff’s Curveball - will Fred Wilpon be forced to sell the Mets?" by Jeffrey Toobin May 30, 2011
- "Archived copy". Archived from the original on 2011-09-18. Retrieved 2012-01-11.
- Belson, Ken; Sandomir, Richard (March 3, 2011). "Cuomo Has Held Talks With Both Sides in Mets Case". The New York Times. Retrieved March 4, 2011.
- Madoff Trustee: Mets Owners Ignored Ponzi Warning Signs, Chad Bray, The Wall Street Journal, February 4, 2011, Retrieved February 4, 2011.
- New York Times: "In Real Estate, New Faces, Old Names" By DAVID W. DUNLAP March 20, 1994