Zilber donating $50 million to revitalize Milwaukee neighborhoods
Milwaukee real estate developer and philanthropist Joseph Zilber announced this week that he will donate $50 million to "revitalize Milwaukee’s neighborhoods and reconnect all of her citizens to social and economic opportunity." Zilber is the 90-year-old founder and chairman of Zilber Ltd. and Towne Realty Inc.
"We all recognize that Milwaukee is at an important crossroads. We have suffered the loss of too many good jobs over the past four decades. Our rates of crime, of poverty, of drug addiction, of neighborhoods in bad shape, of individuals and families of despair, of hunger and homelessness are much too high. Such conditions make some people skeptical about the prospects for Milwaukee," Zilber said in his announcement at Milwaukee City Hall. "But I believe the current reality presents a far more interesting and hopeful story. In fact, Milwaukee may have the best chance in decades to engineer a new future for itself and its citizens. We have, in Milwaukee, civic and community leaders who are working hard each and every day to improve the conditions in our neighborhoods and the lives of Milwaukeeans. We can, and must, do more to support them as together we create the future we want … for ourselves, our children and our children’s children."
Zilber said he wants to leverage his $50 million donation to generate a pool of $200 million in resources to benefit Milwaukee by calling on other philanthropists, corporations and foundations to join the cause. Zilber said the money will be used to support "programs that work and replace those that don’t." Zilber has hired Dr. Susan Lloyd, formerly of the John D. and Catherine T. MacArthur Foundation in Chicago, to oversee his Milwaukee venture. The announcement of a $50 million donation comes in addition to Zilber’s announcement last August that he would donate $30 million to the Marquette University Law School and $10 million to the University of Wisconsin-Milwaukee to create a School of Public Health, as well as other donations.
Wauwatosa-based Irgens Development Partners LLC recently promoted Dave Domres to senior vice president – property management. Domres supervises one of the largest property management teams in the Milwaukee area, a group of professionals that manages over 70 properties totaling just over four million square feet of space throughout the United States. He is the 2008 president for NAIOP-Wisconsin and past president of the Institute of Real Estate Management and the Apartment Association of Southeastern Wisconsin. "We are pleased to promote Dave to our senior management group," said Mark F. Irgens, manager/president of Irgens Development Partners. "Dave has been instrumental in strengthening and growing our asset and property management group as well as offering strategic advice for our annual portfolio and customers’ portfolios."
Brookfield-based NAI MLG Commercial announced that twelve NAI MLG commercial brokers were named to the CoStar Power Brokers list. They include Jack Jacobson, Stephanie Krolikowski, Tim Brunow, Adam Matson, Barry Chavin, Curt Pitzen, John Henderson, Stephen Provancher, Vytau Barcas, Adam Connor and Brian Vanevenhoven. The awards are based on completed lease transactions from 2007.
Brookfield-based Shorewest Realtors recently added Angelo Navarro and Regina Stewart as sales agents in the Racine office.
