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The Reichmanns: Family, Faith, Fortune, and the Empire of Olympia & York

The Reichmanns: Family, Faith, Fortune, and the Empire of Olympia & York

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Rating: 4 stars
Summary: Paul at the helm
Review: As the Reichmanns anticipate another rush to the top of the heap we shall watch with amazed eyes as this family woos our imagination, yet again! As renowned as the Reichmanns have been there are still followers of scrappy success stories that do not know much about what this family, with brother and son Paul at the helm, contributed to New York City's skyline. The World Financial Center was a creation of their delicately named Olympia & York. Read this from beginning to end so that you can grasp the rise and fall and now, again, rise of this amazing family. As is usually indicative of most business minds through time, the children are not as capable as the original "originators" themselves.

Rating: 4 stars
Summary: Better than a soap opera
Review: For those interested in real estate development, I recommend skipping through the first half of the book and starting at page 256. From there on it is fascinating reading on the possibilities of development for those with seemingly infinite capital on hand. Paul Reichmann's passion, drive and high tolerance for risk makes for better reading than most novels.

Rating: 4 stars
Summary: Details of a lost culture and a lost business empire
Review: The book discusses in great detail the Reichmann family's role both in Jewish culture over the last couple hundred years and in the real estate developement business over the last 40 or so years.

The part I liked the best was the descriptions of 18th and 19th century Jewish life in the "oberland"(sp?) of Hungary. A lost culture, thanks not only to the Nazis but also to Jewish Emancipation.

In a way, it is inspirational, as it shows how one family managed to integrate a healthy, traditional religious expression with philanthropy and business acumen. It also shows that you cannot understand what makes that family "tick" without understanding the rich culture and religion of orthodox jewishness.

The greatest strength of this book, in my opinion, is that it is a _history_ of the family and its business, religious, philanthropic, and cultural dealings. It isnt the hagiography that so many business biographies in the popular press tend to be.


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