ALTMAN, BENJAMIN


ALTMAN, BENJAMIN
ALTMAN, BENJAMIN (1840–1913), U.S. merchant, art collector, and philanthropist. Altman was born on New York's Lower East Side. Altman and his brother Morris opened a store in 1865. After Morris's death in 1876 Altman assumed sole control over the business, which he developed into a large, high-quality department store. When Altman moved the business, known as "B. Altman and Co.," to Fifth Avenue in 1906, it became the first large store in New York to be established in a residential area. At the same time michael friedsam became his partner and contributed considerably to the growth of the establishment. After Benjamin's death and until its closing, the store was run by the Altman Foundation, a philanthropic trust donating funds to many charities, including Jewish organizations. Altman was also a pioneer in the provision of social, medical, and recreational facilities for employees. Altman's art collection, appraised upon his death at 15 million dollars, was bequeathed to the Metropolitan Museum of Art. -BIBLIOGRAPHY: DAB, 1 (1928); New York Metropolitan Museum of Art, Handbook of The Benjamin Altman Collection (1915). (Hanns G. Reissner)

Encyclopedia Judaica. 1971.

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  • Altman, Benjamin — ▪ American merchant, art collector, and philanthropist born July 12, 1840, New York, N.Y., U.S. died Oct. 7, 1913, New York       American merchant, art collector, and philanthropist who established one of the world s great department stores, B.… …   Universalium

  • Benjamin Altman — (1840 – 1913) was born and died in New York City. He was the son of Bavarian Jews who emigrated to America in 1835 and opened a small store on Attorney Street in NYC. In 1865, Altman founded B. Altman Co. opening a store on Third Avenue and 10th… …   Wikipedia

  • Altman — ist der Familienname folgender Personen: Benjamin Altman (1840–1913), US amerikanischer Kaufmann und Kunstsammler Dennis Altman (* 1943), australischer Politikwissenschaftler Ernst Altman (* 19. Jahrhundert; † 1916), deutscher Schachkomponist… …   Deutsch Wikipedia

  • Benjamin Altman — (né en 1840 et mort en 1913) était un entrepreneur américain de New York. Il est connu pour avoir créé la B. Altman and Company, et également pour avoir été un grand amateur d art, et en particulier de Rembrandt, dont il légua une importante… …   Wikipédia en Français

  • B. Altman and Company — was a New York City based department store founded in 1865 by Benjamin Altman. It officially closed on December 31, 1989. One of the first American department stores to open out of town branches, Altman s eventually opened locations in… …   Wikipedia

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