Arthur Imperatore, Sr.
Arthur Edward Imperatore, Sr. (born July 8, 1925, West New York, New Jersey) is an Italian-American businessman from New Jersey. He is best known as being the founder and president of the NY Waterway, a ferry service.[1][2][3][4]
Career
in 1947 he started a local trucking business with his brothers Eugene, Arnold, George and Harold using a surplus US Army truck, which eventually became A-P-A Transport Corp., the nation's fourth largest interstate freight trucking company (closed 2002).[5]
In 1978 he purchased the Colorado Rockies hockey team and attempted to moved it to NJ to become the New Jersey Devils. The move failed at that time because the arena was not yet ready. In 1981 Imperatore purchased a 2.5 miles (4.0 km) length of waterfront in Weehawken and West New York, NJ from the bankrupt Penn Central railroad for $7.5 million. In 1986 he started the NY Waterway ferry service between Weehawken and Manhattan.[6]
In 1989 he started an upscale restaurant, Arthur's Landing, in Weehwaken along the Hudson River. It closed in 2009.
Honors
The Arthur E. Imperatore School of Sciences and Arts of Stevens Institute of Technology, in Hoboken, NJ is named in his honor.[7]
Imperatore entered the Forbes 400 list of richest Americans in 1988, his only year on the list.[8]
See also
References
- ^ Joel Stonington, "A New Ferry Terminal, the Same Fretful Commute," New York Times, March 18, 2009, found at New York Times archives. Accessed February 8, 2010.
- ^ Charles V. Bagli, "Settlement Is Reached in Ferry Case," New York Times, July 18, 2006, found at New York Times archives. Accessed February 8, 2010.
- ^ Charles V. Bagli and Kevin Flynn, "HARBOR MASTER: A Fleet and How It Grew; Ferry Operator's Dominance Draws Rivals' Anger," New York Times, July 22, 2003, found at New York Times archives. Accessed February 8, 2010.
- ^ Elissa Ruffino, "FERRY KING ARTHUR IMPERATORE SR. JOINS THE NATIONAL ITALIAN AMERICAN FOUNDATION BOARD OF DIRECTORS," Press Release, March 20, 2003, National Italian-American Foundation, found at National Italian-American Foundation website and Italian Voice, April 3, 2002, found at Highbeam website. Accessed February 8, 2010.
- ^ David Rounds, "Perfecting a Piece of the World: Arthur Imperatore and the Blue-Collar Aristocrats of A-P-A" Addison Wesley Publishing Company, 1993
- ^ Carroll, Timothy J. (2009-10-11). "20 years crossing the Hudson". The Jersey City Reporter (Hoboken: Hudson Reporter): pp. 7 & 16. http://hudsonreporter.com/pages/full_story/push?article-20+years+crossing+the+Hudson-NY+Waterway+celebrates+two+decades+of+ferry+service-%20&id=3943767. Retrieved 2010-01-09.
- ^ Tom Jennemann, "Stevens presents master plan School unveils strategy for future development at meeting," Hudson Reporter, n.d., 2002, found at [1]. Accessed February 8, 2010.
- ^ Peter W. Bernstein, "All the Money in the World: How the Forbes 400 Make--and Spend--Their Fortunes", Vintage Books, 2007, page 343
External links
- Arthur E. Imperatore, Sr. (member profile) – Horatio Alger Association of Distinguished Americans, Inc.
- Business Week profile of Arthur E. Imperatore, Sr.
- Rhodes, Lucien. "The Importance Of Being Arthur," Inc. (magazine), April 1, 1982.
- Kleinfield, N. R. "TRUCKER TURNED BUILDER: ARTHUR E. IMPERATORE; Creating Shangri-La On the Hudson," The New York Times, Sunday, January 4, 1987.
Persondata |
Name |
Imperatore, Arthur Edward Sr. |
Alternative names |
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Short description |
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Date of birth |
July 8, 1925 |
Place of birth |
West New York, New Jersey |
Date of death |
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Place of death |
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