Arthur Imperatore Sr.

Arthur Imperatore Sr.
Born (1925-07-08) July 8, 1925
West New York, New Jersey, USA
Nationality American
Occupation Businessman
Known for Founder of NY Waterway ferry service and A-P-A Trucking, former owner of the Colorado Rockies hockey team

Arthur Edward Imperatore Sr. (born July 8, 1925 in 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 tried to move it to New Jersey. The move failed at that time because the Brendan Byrne Arena was still under construction, and there was no arena in northern New Jersey that was suitable enough even for temporary use. In 1982, he sold the team to John McMullen. By this time, the Brendan Byrne Arena was ready for play, and McMullen moved the team there as the New Jersey Devils. In 1981 Imperatore purchased a 2.5-mile (4.0 km) length of waterfront in Weehawken and West New York 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.

Imperatore has been a resident of Fort Lee, New Jersey, living in a home that had been built by gangster Albert Anastasia and was later owned by comedian Buddy Hackett.[7]

Honors

The Arthur E. Imperatore School of Sciences and Arts of Stevens Institute of Technology, in Hoboken, New Jersey, is named in his honor.[8]

Imperatore received the Horatio Alger Association of Distinguished Americans#Horatio Alger Award in 1982.

Imperatore entered the Forbes 400 list of richest Americans in 1988, his only year on the list.[9]

See also

References

  1. ↑ Stonington, Joel "A New Ferry Terminal, the Same Fretful Commute", The New York Times, March 18, 2009. Accessed February 8, 2010.
  2. ↑ Bagli, Charles V. Bagli. "Settlement Is Reached in Ferry Case", The New York Times, July 18, 2006. Accessed February 8, 2010.
  3. ↑ Bagli, Charles V.; and Flynn, Kevin. "Harbor Master: A Fleet and How It Grew; Ferry Operator's Dominance Draws Rivals' Anger", The New York Times, July 22, 2003. Accessed February 8, 2010.
  4. ↑ Ruffino, Elissa . "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 Archived July 16, 2011, at the Wayback Machine. and Italian Voice, April 3, 2002, found at Highbeam website. Accessed February 8, 2010.
  5. ↑ David Rounds, "Perfecting a Piece of the World: Arthur Imperatore and the Blue-Collar Aristocrats of A-P-A" Addison Wesley Publishing Company, 1993
  6. ↑ Carroll, Timothy J. (2009-10-11). "20 years crossing the Hudson". The Jersey City Reporter. Hoboken: Hudson Reporter. pp. 7 & 16. Retrieved 2010-01-09.
  7. ↑ Chaban, Matt A. V. "A Gangster's Paradise With Views, Thick Walls and a Slaughter Room", The New York Times, November 2, 2015. Accessed December 8, 2015. "For those wanting to live like a Mafia don — and willing to live with a few ghosts — Guernsey's will auction off the old Anastasia estate on Dec. 8, with a minimum price of $5.5 million....When he moved to Hollywood, the home passed to Arthur Imperatore Sr., the trucking and ferry tycoon who turned a single delivery truck into a billion-dollar empire and the derelict Weehawken docks into a wonderland of apartments."
  8. ↑ Jennemann, Tom. "Stevens presents master plan School unveils strategy for future development at meeting", Hudson Reporter, June 3, 2001. Accessed February 8, 2010.
  9. ↑ 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

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