Jeff Sutton
New York, New York
Bachelor of Arts/Science, University of Pennsylvania Wharton School
United States
8
real estate, Self Made
$4,300,000,000
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2
#452 Billionaires 2019
#168 Forbes 400 2018
King of Manhattan storefronts, Jeff Sutton commands some of the highest rents in the country with pricey leases to such brands as Armani and Escada.In spring 2018, his Wharton Properties and partner SL Green signed Puma to open a new 24,000-square-foot flagship store at 609 Fifth Avenue.The building was formerly occupied by American Girl, a deal that put him on the map. The doll retailer has since moved to Rockefeller Plaza.In late 2016, he and SL Green signed Nike to a new lease, wooing the sports brand out of its Trump own location.The grandson of Syrian Jews, he still lives in the tight knit neighborhood of Gravesend, Brooklyn, where his family settled.
As a retail broker, Sutton drove a Payless Shoesource executive around and asked him to point to a location he wanted. He then bought it and leased it to him.In the summer of 2017, Sutton spent millions on a weeklong wedding celebration for his daughter in Italy.
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