423:
36:
354:, a department store holding company and the owner of, among other assets, Macy's and Bloomingdale's department stores. DeBartolo provided nearly $ 500 million in financing. In 1990, Federated went bankrupt, defaulting on the repayment of the loans made by DeBartolo; it emerged from bankruptcy after the ouster of Campeau in 1992 as a new public company under the name "Macy's, Inc." During the course of the bankruptcy, DeBartolo's
373:. In 1992, William Dillard, founder of Dillard's, bought DeBartolo's share, except for the property interest in Higbee's Public Square flagship store in Cleveland (sold to Tower City in 2001), and renamed it the Higbee chain. DeBartolo's idea of a retail real estate developer going forward with new projects easily and quickly, by virtue of anchor stores which he owned, would never become a reality.
144:
376:
As a result of several years' impaired cash flow, DeBartolo prepared to take his company public as a real estate investment trust or "REIT". Most of DeBartolo's competitors were preparing to do the same, their operations suffering from a lack of capital in the private markets. In late 1993, the two
318:
department store in the "Uptown" area of
Youngstown. DeBartolo's company was one of the first companies in the United States to build shopping centers in suburban communities. These shopping centers were initially plazas built as long strips, but soon DeBartolo began developing enclosed shopping
322:
The Edward J. DeBartolo
Corporation was the undisputed leader in the shopping mall industry from the birth of the industry until DeBartolo's death, at one point owning almost one-tenth of all mall space in the United States. DeBartolo also branched out into other types of urban development and
381:
were coming to the market simultaneously. Their advisors informed them that the capital markets could not absorb that much equity; either one of them must back down or prices would suffer severely. DeBartolo agreed to withdraw. In April, 1994, most of the properties owned by The Edward J.
313:
and president of his newly formed company. DeBartolo was able to take advantage of dramatic changes occurring across the United States after World War II. As more
Americans moved into suburbs, there was a corresponding increase in demand for convenient access to shopping. His first retail
327:. He established a work ethic of fifteen-hour days and seven-day weeks. He once told his senior executives, "My wife has never seen me lie down while the sun was up." By 1990, DeBartolo was estimated to have more than $ 1.4 billion in personal wealth.
282:, Italy, with his family at age 17 and became a paving contractor and builder of warehouses and other structures. While a teenager, Edward DeBartolo began working, translating paving contracts for his stepfather, who did not read or write
233:(May 17, 1909 – December 19, 1994) was an American businessman. In 1971, his Ohio-based corporation was ranked as 47th among the nation's top 400 construction contractors. In 1983, DeBartolo was included on
405:
include DeBartolo Hall (the main classroom building) and DeBartolo
Performing Arts Center (DPAC), both located on a quad that students refer to as "DeBartolo Quad". There is also a DeBartolo Hall on the campus of
350:. DeBartolo lent Campeau $ 150 million to bridge the financing gap for the acquisition. Campeau repaid the money, and in 1986, DeBartolo assisted in financing Allied Stores Corporation's acquisition of
358:
was severely impaired, due to
Federated's nonpayment as well as the real estate recession of the time. DeBartolo's Federated positions were all realigned when Federated emerged from bankruptcy.
438:
in 1977, giving the team to his son. DeBartolo Jr. devoted significant resources to the team, became an expert in team management and player relations, and made it the most successful
301:
during World War II. It was during the War, in 1944, that he married Marie
Patricia Montani and incorporated his own company, The Edward J. DeBartolo Corporation.
274:
After
Anthony Paonessa's death, Rose Villani Paonessa married Michael DeBartolo, and Edward took his stepfather's family name. Michael DeBartolo emigrated from
386:; DeBartolo Sr. was unwilling to deal personally with the constraints of running a public company. In 1996, DeBartolo Realty Corporation was acquired by
453:
in March 1983, but folded the team after the first season (1984) when the league announced it would move to a fall schedule, the same time as the NFL's
382:
DeBartolo
Corporation were transferred to DeBartolo Realty Corporation, a public REIT, in its initial public offering. The new company was chaired by
721:
701:
410:(YSU), in his hometown of Youngstown, where DeBartolo has made many endowments to YSU. The DeBartolo Corporation continues to be based in nearby
297:. Next came a decade of construction jobs with his stepfather. Capitalizing on his engineering skills, DeBartolo found himself serving in the
726:
676:
671:
731:
686:
100:
72:
716:
53:
17:
691:
79:
330:
A powerful strategic thinker, DeBartolo began acquiring department store chains in the late 1980s. In 1986, he helped finance
298:
706:
696:
86:
629:
476:
in 1991, just before the sale. DeBartolo's name would be engraved on the
Stanley Cup along with that of his daughter
119:
585:
68:
430:, with the San Francisco 49ers logo on the building, signifying the team's ownership by the DeBartolo-York family.
480:. DeBartolo said at a rally after the first win that the occasion was "possibly the happiest moment of my life."
711:
681:
57:
450:
338:, a department store holding corporation that owned such iconic department store brands as Jordan Marsh and
407:
395:
351:
324:
736:
446:
335:
93:
439:
402:
294:
196:
267:. DeBartolo's parents, Anthony Paonessa and Rose Villani, had emigrated to the United States from
515:
383:
216:
46:
495:
465:
315:
614:
477:
220:
206:
309:
After the war ended, DeBartolo served as president of
Michael DeBartolo Construction and as
666:
661:
387:
378:
8:
499:
461:
454:
435:
634:
491:
484:
290:
259:, a center of steel production that was also a major destination for immigrants from
531:
283:
252:
168:
271:. DeBartolo never knew his biological father, who died suddenly before his birth.
511:
370:
260:
503:
469:
427:
411:
331:
264:
655:
589:
507:
343:
339:
391:
362:
310:
143:
473:
422:
366:
240:
494:
in 1980, he owned and developed three thoroughbred racetracks –
527:
355:
35:
275:
468:
from February 1977 until selling it to an ownership group led by
347:
319:
malls as well, with brother Frank DeBartolo acting as architect.
490:
While DeBartolo was unsuccessful in his attempt to purchase the
279:
235:
390:, the public REIT formed by DeBartolo's longtime competitors,
377:
largest shopping center companies at the time, DeBartolo and
268:
256:
314:
development was the construction of Gray's Drug Store and
60:. Unsourced material may be challenged and removed.
251:The second of six children, DeBartolo was born in
426:The headquarters of The DeBartolo Corporation in
653:
565:
563:
561:
559:
557:
555:
553:
551:
549:
547:
323:construction, such as hotels, office parks, and
401:DeBartolo's contributions to the campus at the
630:"Edward J. DeBartolo, Developer, 85, Is Dead"
544:
472:in November 1991. The Penguins would win the
120:Learn how and when to remove this message
722:United States Football League executives
702:Presidential Medal of Freedom recipients
421:
304:
14:
654:
627:
570:"Death ends career rooted in Valley".
342:, as well as specialty stores such as
289:DeBartolo went on to earn a degree in
417:
727:Businesspeople from Youngstown, Ohio
677:American businesspeople in retailing
672:20th-century American businesspeople
611:SportsBeat Rewind, the Story of 1991
586:"DeBartolo Sports and Entertainment"
58:adding citations to reliable sources
29:
24:
732:American people of Italian descent
628:Bryant, Adam (December 20, 1994).
25:
748:
687:National Hockey League executives
142:
34:
27:American businessman (1909–1994)
717:University of Notre Dame alumni
487:soccer team from 1978 to 1986.
45:needs additional citations for
621:
603:
578:
246:
13:
1:
692:National Hockey League owners
537:
451:United States Football League
7:
408:Youngstown State University
361:In 1988, he partnered with
352:Federated Department Stores
243:list of richest Americans.
10:
753:
707:San Francisco 49ers owners
697:Pittsburgh Penguins owners
460:The family also owned the
613:(television production).
530:on December 19, 1994, in
365:Department Stores to buy
336:Allied Stores Corporation
231:Edward John DeBartolo Sr.
212:
202:
192:
176:
150:
141:
134:
69:"Edward J. DeBartolo Sr."
574:. 1994-12-20. p. 1.
521:
442:franchise in the 1980s.
434:DeBartolo purchased the
403:University of Notre Dame
295:University of Notre Dame
197:University of Notre Dame
18:Edward J. DeBartolo, Sr.
516:Bossier City, Louisiana
384:Edward J. DeBartolo Jr.
299:Army Corps of Engineers
217:Edward J. DeBartolo Jr.
136:Edward J. DeBartolo Sr.
466:National Hockey League
445:DeBartolo founded the
431:
316:Sears, Roebuck and Co.
187:Youngstown, Ohio, U.S.
712:Stanley Cup champions
682:Eclipse Award winners
615:Fox Sports Pittsburgh
478:Denise DeBartolo York
425:
305:Adult life and career
221:Denise DeBartolo York
207:Real-estate developer
155:Edward John DeBartolo
534:, at the age of 85.
483:DeBartolo owned the
388:Simon Property Group
54:improve this article
462:Pittsburgh Penguins
455:Pittsburgh Steelers
436:San Francisco 49ers
635:The New York Times
526:DeBartolo died of
447:Pittsburgh Maulers
432:
418:Sporting interests
492:Chicago White Sox
485:Pittsburgh Spirit
291:civil engineering
239:magazine's first
228:
227:
180:December 19, 1994
130:
129:
122:
104:
16:(Redirected from
744:
737:DeBartolo family
646:
645:
643:
642:
625:
619:
618:
607:
601:
600:
598:
597:
588:. Archived from
582:
576:
575:
567:
532:Youngstown, Ohio
183:
169:Youngstown, Ohio
164:
162:
146:
132:
131:
125:
118:
114:
111:
105:
103:
62:
38:
30:
21:
752:
751:
747:
746:
745:
743:
742:
741:
652:
651:
650:
649:
640:
638:
626:
622:
609:
608:
604:
595:
593:
584:
583:
579:
569:
568:
545:
540:
524:
512:Louisiana Downs
420:
371:Cleveland, Ohio
334:'s purchase of
307:
249:
223:
219:
188:
185:
181:
172:
166:
160:
158:
157:
156:
137:
126:
115:
109:
106:
63:
61:
51:
39:
28:
23:
22:
15:
12:
11:
5:
750:
740:
739:
734:
729:
724:
719:
714:
709:
704:
699:
694:
689:
684:
679:
674:
669:
664:
648:
647:
620:
602:
577:
572:The Vindicator
542:
541:
539:
536:
523:
520:
504:Remington Park
470:Howard Baldwin
428:Boardman, Ohio
419:
416:
412:Boardman, Ohio
332:Robert Campeau
306:
303:
265:Eastern Europe
248:
245:
226:
225:
224:Edward M Kobel
214:
210:
209:
204:
200:
199:
194:
190:
189:
186:
184:(aged 85)
178:
174:
173:
167:
154:
152:
148:
147:
139:
138:
135:
128:
127:
42:
40:
33:
26:
9:
6:
4:
3:
2:
749:
738:
735:
733:
730:
728:
725:
723:
720:
718:
715:
713:
710:
708:
705:
703:
700:
698:
695:
693:
690:
688:
685:
683:
680:
678:
675:
673:
670:
668:
665:
663:
660:
659:
657:
637:
636:
631:
624:
616:
612:
606:
592:on 2008-12-01
591:
587:
581:
573:
566:
564:
562:
560:
558:
556:
554:
552:
550:
548:
543:
535:
533:
529:
519:
517:
513:
509:
508:Oklahoma City
505:
501:
500:North Randall
497:
493:
488:
486:
481:
479:
475:
471:
467:
463:
458:
456:
452:
448:
443:
441:
437:
429:
424:
415:
413:
409:
404:
399:
397:
396:Herbert Simon
393:
389:
385:
380:
374:
372:
368:
364:
359:
357:
353:
349:
345:
344:Bonwit Teller
341:
340:Maas Brothers
337:
333:
328:
326:
320:
317:
312:
302:
300:
296:
292:
287:
285:
281:
277:
272:
270:
266:
262:
258:
254:
244:
242:
238:
237:
232:
222:
218:
215:
211:
208:
205:
201:
198:
195:
191:
179:
175:
170:
153:
149:
145:
140:
133:
124:
121:
113:
102:
99:
95:
92:
88:
85:
81:
78:
74:
71: –
70:
66:
65:Find sources:
59:
55:
49:
48:
43:This article
41:
37:
32:
31:
19:
639:. Retrieved
633:
623:
610:
605:
594:. Retrieved
590:the original
580:
571:
525:
489:
482:
459:
444:
433:
400:
375:
360:
329:
325:condominiums
321:
308:
288:
273:
250:
234:
230:
229:
182:(1994-12-19)
165:May 17, 1909
116:
107:
97:
90:
83:
76:
64:
52:Please help
47:verification
44:
667:1994 deaths
662:1909 births
496:Thistledown
474:Stanley Cup
247:Early years
656:Categories
641:2008-06-25
596:2008-12-02
538:References
348:Ann Taylor
253:Youngstown
241:Forbes 400
203:Occupation
161:1909-05-17
110:April 2012
80:newspapers
528:pneumonia
363:Dillard's
356:cash flow
193:Education
502:, Ohio,
367:Higbee's
276:Terlizzi
261:Southern
213:Children
617:. 2009.
464:of the
449:of the
311:founder
293:at the
284:English
94:scholar
510:, and
392:Melvin
280:Apulia
236:Forbes
171:, U.S.
96:
89:
82:
75:
67:
522:Death
379:Simon
269:Italy
101:JSTOR
87:books
394:and
346:and
263:and
257:Ohio
177:Died
151:Born
73:news
514:in
506:in
498:in
440:NFL
369:of
56:by
658::
632:.
546:^
518:.
457:.
414:.
398:.
286:.
278:,
255:,
644:.
599:.
163:)
159:(
123:)
117:(
112:)
108:(
98:·
91:·
84:·
77:·
50:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
