Disque Deane
Encyclopedia
Disque D. Deane was a prominent American financier and investor. He was the founder of, and a general partner in Starrett City Associates
, which owns Starrett City in Brooklyn. Deane was at one time a partner at Lazard
, the investment bank, where he revolutionized corporate finance by pioneering sale-leaseback transactions.
and attended Duke University
. Deane was a founder of Corporate Property Investors
which was sold to the Simon Property Group which sold the General Motors Building
to Donald Trump
and Conseco Insurance for $878 million in 1998.
Other positions held by Disque Deane included Chairman of The Deane Group, private merchant bankers, and Bolfarm S.R.L, a large Bolivian industrial agricultural company. Deane held senior positions and directorships at Eastman Dillon Union Securities, RCA Corporation, and Sun Chemical
. Deane was the Chairman of the Deane Laboratory at Duke University.
, Disque D. Deane, Jr., and Walter Longstreet Deane. They divorced in 1991(6) That same year, Mr. Deane married his third wife, Carol Woodin Gram. They had two children: Anne and Carl.
A resident of Boston
, Deane died at the age of 89 on November 8, 2010, at his home there due to pneumonia
.
Starrett City Associates
Starrett City Associates is a group of investors, led by Disque Deane, that built and owned the Starrett City housing complex in Brooklyn, New York.At the time it was built, Starrett City was the largest housing development in the nation....
, which owns Starrett City in Brooklyn. Deane was at one time a partner at Lazard
Lazard
Lazard Ltd is the parent company of Lazard Group LLC, a global, independent investment bank with approximately 2,300 employees in 42 cities across 27 countries throughout Europe, North America, Asia, Australia, Central and South America...
, the investment bank, where he revolutionized corporate finance by pioneering sale-leaseback transactions.
Biography
Disque was a 1939 graduate of Stuyvesant High SchoolStuyvesant High School
Stuyvesant High School , commonly referred to as Stuy , is a New York City public high school that specializes in mathematics and science. The school opened in 1904 on Manhattan's East Side and moved to a new building in Battery Park City in 1992. Stuyvesant is noted for its strong academic...
and attended Duke University
Duke University
Duke University is a private research university located in Durham, North Carolina, United States. Founded by Methodists and Quakers in the present day town of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco industrialist James B...
. Deane was a founder of Corporate Property Investors
Corporate Property Investors
Corporate Property Investors was a privately held real estate investment company that, in 1982, wrote the largest mortgage to date on a New York office building...
which was sold to the Simon Property Group which sold the General Motors Building
General Motors Building (New York)
The General Motors Building is a 50-story, 705-foot office tower in Manhattan, New York City, facing Fifth Avenue at 59th Street . The building is one of the few structures in Manhattan that occupies a full city block...
to Donald Trump
Donald Trump
Donald John Trump, Sr. is an American business magnate, television personality and author. He is the chairman and president of The Trump Organization and the founder of Trump Entertainment Resorts. Trump's extravagant lifestyle, outspoken manner and role on the NBC reality show The Apprentice have...
and Conseco Insurance for $878 million in 1998.
Other positions held by Disque Deane included Chairman of The Deane Group, private merchant bankers, and Bolfarm S.R.L, a large Bolivian industrial agricultural company. Deane held senior positions and directorships at Eastman Dillon Union Securities, RCA Corporation, and Sun Chemical
Sun Chemical
Sun Chemical is the world's largest producer of printing inks and pigments and is located in Parsippany, New Jersey and it was incorporated in 1945. The company has its roots as the Lorilleux & Cie. Paris in 1818, but was incorporated under the Sun name in 1945. The company operates the Daniel J...
. Deane was the Chairman of the Deane Laboratory at Duke University.
Personal life
Mr. Deane was married to his first wife, Anne Shepard Delafield, in 1945. Disque had a son, Hare Delafield Deane born in 1949 to his first wife. They divorced in 1950. He married his second wife, Marjorie Angele Schlesinger, Chairman and Publisher of the Tobe Report in 1952. They had four children: Marjorie Gregg Swain, Kathryn Morgan Deane-KrantzKathryn Deane
Kathryn "Kathy" Deane is President of fashion merchandising consulting company the Tobe Report, based in New York City. She graduated from Duke University and is currently on Duke University's Trinity College of Arts and Sciences Board of Visitors...
, Disque D. Deane, Jr., and Walter Longstreet Deane. They divorced in 1991(6) That same year, Mr. Deane married his third wife, Carol Woodin Gram. They had two children: Anne and Carl.
A resident of Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...
, Deane died at the age of 89 on November 8, 2010, at his home there due to pneumonia
Pneumonia
Pneumonia is an inflammatory condition of the lung—especially affecting the microscopic air sacs —associated with fever, chest symptoms, and a lack of air space on a chest X-ray. Pneumonia is typically caused by an infection but there are a number of other causes...
.