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Myles Tanenbaum
Well-versed in a number of professional capacities,
Myles H. Tanenbaum will implement those skills as
principal owner and managing general partner of the
Philadelphia Stars. With his business associates,
Arthur L. Powell and Harold G. Schaeffer, Tanenbaum was
active in several areas during the formation of the USFL.
Tanenbaum currently is president of Charter Oak Investment Company, a holding company whose assets include Kravco, Inc., one of the nation's largest shopping center and commercial reall estate development and managing companies.
He joined the firm in 1970 as a Vice President, after
practicing law in Philadelphia as a partner in the firm
of Wolf, Block, Schorr and Solis-Cohen.
A member of the American Bar Association and the
Philadelphia Bar, Tanenbaum, in his capacity with the
International Council of Shopping Centers, has chaired
that association's subcommittee on taxation and has been
a principal speaker at the ICSC's annual convention and
law conference.
Tanenbaum lectures frequently on tax topics principally
relating to real estate. Among the conclaves he
has addressed are the New York University Tax Institute,
the Philadelphia and Pennsylvania Bar Association
lecture series and legal education program, the
Practicing Law Institute, Society of Industrial Realtors
and the Philadelphia Board of Realtors. He has
been published on the topic of federal taxation in the
Pennsylvania Law Review, the Tax Counselor's Quarterly
and the New York University Tax Institute Proceedings.
Tanenbaum currently serves as treasurer of the Likoff Cardiovascular Institute of Hahneman Hospital and is a member of the Pennsylvania Diabetic Task Force. Additionally, he is director of the Atlantic City Racing Association.
Tanenbaum and his wife Roberta are the parents of four children, two sons and two daughters. The family resides in Bryn Mawr, PA.
SUPPLEMENTAL INFORMATION:
Along with Ron Blanding in Denver and John Bassett in
Tampa, Tanenbaum was a strong champion for the concept
of spring football, believing that the USFL was viable
under David Dixon's original plan for the league.
As the league evolved and the forces of fall took root,
Tanenbaum publicly and privately battled those pushing for a fall schedule. Nevertheless, Tanenbaum relocated the team to Baltimore (where there
was no competition from the NFL) after
the USFL voted to move to the fall.
In the interim between the 1985 and 1986 seasons,
Tanenbaum sold the Stars, refocusing his efforts on his
business interests. He retired and continued to live
in the Philadelphia area, remaining active in local
charitable causes.
NOTE: Most of the above bio, with the exception of the supplemental material, is reprinted from the 1983 USFL Media Guide.
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