Real estate executive Cohen passes away at 87

New York, NY Jerome Cohen, a prominent real estate executive who played a vital role in reshaping Manhattan’s urban landscape over the course of a prolific, six-decade career, died on November 11 at the age of 87. He had suffered from Alzheimer’s disease. Held in high esteem by New York’s real estate industry for his intellect, integrity and aesthetic sensibilities, Cohen served as president of Williams Real Estate Co. Inc., a company he had joined in 1950. He was the second-generation leader of the firm, which was founded by his father, Victor Cohen, in 1926. Working with partners Robert Carmel and Edwin Roos, Cohen assembled a portfolio of more than a dozen commercial properties throughout Manhattan, comprising millions of s/f. He also managed a large contingent of renting agents, asset managers and construction managers. In addition to acting as consultant to major real estate owners, he personally mentored numerous real estate executives over the course of his career. Among his many industry accomplishments, Cohen’s crowning achievement was the transformational restoration of 28-40 West 23rd St. The property was built in 1878 as the original home of the Stern Brothers Department Store and  is currently occupied by The Home Depot, Estee Lauder, and other high-profile tenants. The makeover of 28-40 West 23rd St. included a welcome restoration of historic design elements on the building’s facade that had been obscured by prior occupants. Further reflecting Cohen’s distinctive design vision, the property’s stunning atrium is directly modeled upon a similar atrium in the Hôtel Plaza Athénée in Paris. Cohen was honored with the 2005 23rd Street Association Distinguished Citizen Award in recognition of his outstanding service and his commitment to the 23rd St. community. The organization also paid tribute to 28-40 West 23rd St. as Building of the Year. Cohen drew industry accolades for creating the novel design concept and marketing strategy behind both the Decoration & Design (D&Amp;D) Building at 979 Third Avenue and the Architects & Designers (A&D) Building at 150 East 58th St. He also managed leasing at both sites. The two industry buildings -- developed by Cohen’s client and close friend, the late philanthropist and developer Aaron Diamond - have maintained their iconic status over several decades. Cohen won praise from the city’s real estate community for spearheading the makeover of the facade of 655 Madison Ave. Cohen was also instrumental in the development of 1700 Broadway and One Dag Hammarskjöld Plaza. In his capacity as a broker, Cohen was responsible for moving Avon into 676,000 s/f at 9 West 57th Street. Cohen had served as a member of the Board of Governors of the Real Estate Board of New York (REBNY). He was a member of The Harmonie Club, a sophisticated world traveler, a talented photographer, an enthusiastic yachtsman, and a discerning collector of fine art. Cohen also authored many articles on real estate for such publications asThe New York Times and American Banker, and contributed two chapters to the book Arbitration of Real Estate Valuation Disputes. Cohen was beloved by friends and family alike for his generosity, sense of humor, and powerful presence. He took pride in initiating many successful real estate ventures that continue to yield benefits to extended family members, friends and business partners. The only child of Rae and Victor Cohen, Cohen was born in Manhattan in 1928. He attended Columbia Grammar and Prep School, Vanderbilt University and graduated from Syracuse University. Cohen was active with the Syracuse Alumni Association. Cohen is survived by his wife, Elizabeth, and their two children, Elizabeth Grace Cohen and Catherine Cohen. He is also survived by his first wife, Joan, and their two children, Robin Cohen Reinach and Michael Cohen, who serves as president of the tri-state region for Colliers International. Services will be held on Thursday, November 17 at 11:00 am at Temple Emanu-El at 1 East 65^th St. Those who wish to honor Cohen’s memory are invited to make a donation in his name to the Alzheimer's Drug Discovery Foundation at alzdiscovery.org or by clicking HERE