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Patricia Goldstein — A Trailblazer for Women in Business — Has Died at Age 69

Goldstein passed away six days after she was hit by a car while riding a bicycle.

Patricia Goldstein

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The vice chairman and head of commercial real estate for Emigrant Bank, Patricia Goldstein, who helped to break through the “glass ceiling” for women in her over four decades in banking, was tragically killed in a bicycle accident. She was 69.

Born Patricia Frances Launer, Goldstein died last week at Delray Medical Center in Delray Beach, FL, from injuries which she sustained from an accident which occurred in Highland Beach, FL, on April 23d. While riding on State Road A1A, a car swerved and hot Goldstein. The banker’s husband, Howard Epstein, who was riding with her at the time, was also injured.

Authorities have not yet decided whether to bring charges against the car’s driver, William Charles Clever.

Howard P. Milstein, chairman of Emigrant and Milstein Properties, said in an statement which was sent out by Rubenstein Communications, the family’s representative, “Pat was an iconic, larger than life leader in banking and real estate in New York City and the nation, a true force of nature, a pioneer in her field for women, and a mentor to many.”

“Pat was a consummate professional, as well as a pioneer and role model for women in commercial real estate, ” asserts Marty Burger, CEO, Silverstein Properties. “She understood better than anyone how to get major projects financed and built. Most importantly, she was a dear friend and a mentor to me throughout my career. She will be missed by all of us who knew and loved her.”

A former top Citicorp real estate executive, Goldstein was one of the first women to join that firm’s credit training program back in 1970. Goldstein left Citicorp to become the treasurer at Olympia & York Cos. USA, a unit of the Toronto-based property empire controlled by the Reichmann family in 1983. She then Goldstein became executive vice president and chief operating officer at M.J. Raynes Inc., a New York-based real estate company in 1988. Goldstein joined Citicorp in 1990.

The Queens native went on to co-found Citadel Realty Group in 1999.



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