{{Short description|American real estate developer}} {{Infobox person | name = Stephen R. Karp | image = | caption = | birth_date = {{birth year and age|1941}} | birth_place = | birth_name = | death_date = | death_place = | education = B.A. [[Boston University]] | occupation = | known_for = Chairman and CEO of New England Development | spouse = Jill Karp | parents = Beatrice Taylor Karp<br> Harold Karp | children = Douglass Karp<br> Jana Karp | family = | website = }}
'''Stephen R. Karp''' (born 1941) is an American real estate developer and billionaire.
==Biography== Karp was born to Beatrice G. (née Taylor) and Harold Karp.<ref>[http://www.legacy.com/obituaries/bostonglobe/obituary.aspx?pid=152518333#sthash.MadS80sA.dpuf Boston Globe Obituaries: "Beatrice G. (Taylor) Karp"] July 13, 2011</ref> Karp worked construction during the summer while attending [[Boston University]]<ref name=BostonsRichest>[http://www.bostonmagazine.com/2006/05/the-50-wealthiest-bostonians/ Boston Magazine: "The 50 Wealthiest Bostonians" By Francis Storrs] {{Webarchive|url=https://web.archive.org/web/20161128090330/http://www.bostonmagazine.com/2006/05/the-50-wealthiest-bostonians/ |date=2016-11-28 }} March 2006</ref> where he graduated. After school, he worked for a real estate development firm whom he convinced to partner with him to develop a shopping center in [[Danvers, Massachusetts]] named the [[Liberty Tree Mall]],<ref name=BostonsRichest /> one of the first enclosed malls in the Northeast.<ref name=CJPKarp>[http://www.cjp.org/page.aspx?id=259571#sthash.txCbRgyM.dpuf Combined Jewish Philanthropies: "Stephen R. Karp"] retrieved July 12, 2014</ref> The mall opened in 1972<ref name=CJPKarp /> and was successful. In 1978, he founded his real estate development company New England Development<ref name=CJPKarp /> and then went on to develop over 20 malls before selling 14 of them for $1.75 billion to the [[Simon Property Group]].<ref name=ForbesBillionaires>[https://www.forbes.com/lists/2006/54/biz_06rich400_Stephen-R-Karp_TTAL.html Forbes: "The 400 Richest Americans - #374 Stephen R Karp] September 21, 2006</ref><ref name=BostonsRichest />
Karp served as chairman of the Board of Trustees of the [[International Council of Shopping Centers]] and is a member of the Greater Boston Real Estate Board and the [[Urban Land Institute]].<ref name=CJPKarp />
==Philanthropy== In 2013, Karp received the Combined Jewish Philanthropies (CJP) Edwin N. Sidman Leadership Award.<ref>[http://www.goulstonstorrs.com/NewsEvents/PressReleases?find=76906 Goulston Storrs Press release: "Goulston & Storrs Congratulates Longtime Client Stephen R. Karp of New England Development, Honored by Combined Jewish Philanthropies"] February 2013</ref> He served as chairman of the Board of Trustees of [[Boston Children's Hospital]], as a trustee and chairman of Children's Hospital Trust, and as chairman of the Dana-Farber/Children’s Hospital Cancer Care; he also served on the Board of Trustees of [[Boston University]], [[Belmont Hill School]], and the Boston Youth Sanctuary. He is on the Board of Overseers of [[Newton-Wellesley Hospital]] and the [[Boston Symphony Orchestra]].<ref name=CJPKarp />
==Personal life== Karp is married to Jill Karp and has two children:<ref name=ForbesBillionaires /> Douglass and Jana.<ref>[http://www.cff.org/UploadedFiles/aboutCFFoundation/MilestonesCampaign/MilestonesUpdate/Milestones-Update-2012.pdf Cystic Fibrosis Foundation: "Steadfast Friends Continue Generous Support of Milestones Campaign"] {{Webarchive|url=https://web.archive.org/web/20130905114727/http://www.cff.org/UploadedFiles/aboutCFFoundation/MilestonesCampaign/MilestonesUpdate/Milestones-Update-2012.pdf |date=2013-09-05 }} Fall 2012</ref> His son Doug along with his best friend [[Ben Fischman]] (and son of New England Development's Vice Chairman [[Steven Fischman]]) co-founded the baseball cap retailer, [[Lids (store)|Lids]].<ref>{{cite book|url=https://books.google.com/books?id=U--Zw_PYmEYC&q=baseball+caps+Ben+Fischman&pg=PA104|first=Jim |last=Lilliefors|title=Ball Cap Nation: A Journey Through the World of America's National Hat|pages=102–110 |publisher=Clerisy Press |date=September 1, 2009|isbn=9781578604111}}</ref><ref>{{Cite web|first= Jason|last=Schwartz |title=It's Much, Much More Than Just a Hat |publisher=[[Boston Magazine]]|date=March 23, 2009 |url=https://www.bostonmagazine.com/2009/03/23/more-than-just-a-hat/2/ }}</ref>
==References== {{reflist}}
{{DEFAULTSORT:Karp, Stephen R.}} [[Category:1941 births]] [[Category:American businesspeople in the real estate industry]] [[Category:American philanthropists]] [[Category:Boston University alumni]] [[Category:Businesspeople from Massachusetts]] [[Category:American billionaires]] [[Category:Living people]] [[Category:American chief executives]] [[Category:21st-century American Jews]]