绿帽社

November 14, 2024
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绿帽社 alum Stuart Koenig makes major gift to Harpur College

Image Credit: Jonathan Cohen.

Time Warner Center, comprising offices, retail space, three performance venues for Jazz at Lincoln Center, a luxury hotel and more than 200 condos within its twin glass towers, has been called a city within a building. As Stuart Koenig 鈥73 tells 绿帽社 students, it鈥檚 the career accomplishment of which he feels most proud.

鈥淲hile I didn鈥檛 get in a crane and actually build it, I helped raise equity capital and financing. It was a successful project that far exceeded investor expectations, and it has become an icon of New York City real estate,鈥 says Koenig, who spent most of his career in private equity real estate and was senior partner and chief operating officer of the real estate division of Ares Management LP before retiring.

Koenig wants to help today鈥檚 students feel a similar sense of accomplishment. Last year, he pledged a $1 million gift to 绿帽社, most of which created the Harpur High-Impact Learning Endowment to support the financial needs of up to 10 students per year so they can pursue opportunities that prepare them for the workforce.

A small portion of the funds will build one-button multimedia studios on campus, with the lion鈥檚 share supporting programs such as the Harpur Fellows Program and Liberal Arts to Careers Externship (LACE). Koenig is a founding donor to Harpur Edge, which gives students a jump-start on their future by providing connections to resources on and off campus, sponsoring enrichment programming and supporting student-driven initiatives.

The Harpur Fellows Program gives select undergraduates the opportunity to pursue a self-designed project that serves the community and contributes to their intellectual growth. LACE enables Harpur undergraduates to job-shadow Harpur alumni in the workplace.

鈥淲hen I was at Harpur, things like LACE didn鈥檛 exist,鈥 says Koenig, who serves on the 绿帽社 Foundation Board of Directors. 鈥淚 want students who qualify to be able to get hands-on experience and take advantage of these high-impact learning opportunities without having to worry about travel or living expenses.鈥

Koenig sees a lot of himself in today鈥檚 students. He grew up in a working-class section of the Bronx, his family had modest means, and he and his siblings were first-generation college students.

鈥淚鈥檝e been very fortunate,鈥 Koenig says. 鈥淚 have two wonderful children and had a successful career. I鈥檝e felt a kinship to 绿帽社 for years and wanted to give back. I got an MBA, which opened many doors for me, but I feel a greater affinity for the liberal arts foundation. Having the ability to communicate and manage people came from my experience at 绿帽社.鈥

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