Multimillion-dollar battle over estate of Baltimore bakery and He later was diagnosed with myelodysplasia, a bone marrow malignancy. Harbor East's 22-Story Residential Building Begins Vertical John Paterakis Sr. died Oct. 16 at age 87. Paying the transaction fee is not required, but it directs more money in support of our mission. The real winner in the Legg Mason building sale: the Paterakis We like to use the motto Baking a Difference for this project because it is not just about baking, but building community, she said. The finished product will reflect the developers' "obsessive drive toward an emotionally resonant product," Kayce said. The Paterakis and Bozzuto families combined efforts have resulted in a revitalized Harbor East complete with new, luxurious residential areas and retail stores. The Land Disposition Agreememnt was signed in 1993 with construction and retail following throughout the 1990s. 0. In September 2014, for example, the suit says, the defendants created an irrevocable trust into which they transferred approximately $23 million of Paterakis assets. AboutHarborPointGettingHerePhase IIIHappeningsLeasing InformationContact Us, Food&BeverageShops&ServicesResidencesHotelsOfficeGreen Space. Like a window into their day-to-day life, Paterakis census records can tell you where and how your ancestors worked, their level of education, veteran status, and more. Please, check your inbox! After that year, Paterakis asked the publication to no longer include him in their annual tally. ($0) Historically, surnames evolved as a way to sort people into groups - by occupation, place of origin, clan affiliation, patronage, parentage, adoption, and even physical characteristics (like red hair). Paterakis, Beatty split Harbor East, Harbor Point into two companies Enlarge Michael Beatty will be charged with developing Harbor Point, a key piece of property along the He put H&S Bakery on the map and mapped out a Baltimore Marriott Waterfront hotel in Harbor East sells By remaining on this website, you indicate your consent. Construction continues on Liberty Harbor East. Adam sees a bit of himself in his risk-taking grandfather. To understand why its such a big deal that Kneads Bakeshop and Caf is opening in Harbor East this month, it helps to know some history. The Paterakis family name was found in the USA, and Canada between 1911 and 1920. $50 Atlas also owns Cunninghams Cafe and Bakery in Towson, which provides the bread for its restaurants and limited retail sale. The average life expectancy for Paterakis in 1960 was 68, and 63 in 2003. (Christina Tkacik). Real Investors. H&S Properties Refinances 2 Assets in Baltimore The building takes its name from the Harbor East developer and bakery magnate's late sister and fellow Greek immigrant, Liberty Paterakis Tsakalos. Contact the leasing agent below to learn about the spoils youll enjoy when you call Harbor East home. For all his wealth and influence, Paterakis led a largely private life, portraying himself as a simple baker who got lucky, as he said in June 2016 when he was inducted into the inaugural class of The Baltimore Suns Business and Civic Hall of Fame. Beatty Development Group is an experienced real estate development firm focused on delivering innovative, urban, mixed-use projects throughout Baltimore. We need you to be ok with our use of information like your general location or reading habits to personalize your experience, so we can suggest the right stories to read or events for you to attend. Sherman Ragland. H&S Bakery - Explore Baltimore Heritage Over time, Kneads grew to include various concepts under its umbrella, including a restaurant, which will eventually serve dinner. How to say Paterakis in English? An unusually short lifespan might indicate that your Paterakis ancestors lived in harsh conditions. [4], .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct,.mw-parser-output .geo-inline-hidden{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}391659.5N 76365.75W / 39.283194N 76.6015972W / 39.283194; -76.6015972. WebKira Paterakis. To understand why its such a big deal that Kneads Bakeshop and Caf is opening in Harbor East this month, it helps to know some history. We should rename Harbor East to Paterakis Ville! Prior to the formation of his own firm in 2013, Michael co-founded H&S Properties Development Corporation with John John demanded that William and Venice return his cash and his check books Even after they did so, John complained about their actions, and he reiterated his anger in conversations with family members and friends.. [3], In 1983, Baltimore began the planning process with the hiring of Stan Eckstut of Cooper Eckstut Associates prior to John Paterakis' purchase of the land that would become Inner Harbor East. More by Marcus Dieterle. WebMr. After spending seven months laying the foundation, crews are now constructing the vertical The Paterakis family spins off a new concept from its 70-year-old Baltimore bakery. The Paterakis and Bozzuto families combined efforts have resulted in a revitalized Harbor East complete with new, luxurious residential areas and retail stores. Paterakis' Harbor East project has attracted such big-name companies as Smith Barney, Sylvan Learning Center and, by 2009, Legg Mason Inc. Developer Harbor Point Kira Paterakis, Kneads communications liaison, said the new business will seek to connect customers with fellow local businesses and foster community in downtown Baltimore. The suit said Paterakis promised to give his second wife $20 million when he died, and committed that desire to paper. When John was discharged from the hospital and discovered that William and Venice had cleaned out his cash hoards, he was furious, according to the suit. Dueling financial portraits of John Paterakis emerge H&S Bakery expanded throughout the twentieth century to include Northeast Foods and the Schmidt Baking Company. I knew I wanted to work for the Your contributions help pay for current editorial costs and to expand our community coverage. Paterakis But the Smiths arent involved in the project, nor did the Paterakises reach out to them for help. You have earned {{app.voicePoint}} points. The suit says Paterakis began pursuing his second wife in 1993, when she was working at Maryland National Bank. Paterakis companies plans For full functionality please enable JavaScript in your browser settings. The global real estate firm CBRE Global Investors has taken a majority stake in the Legg Mason tower in Harbor East in a deal that valued the building at about $296 million. Show your love for Baltimore by powering the stories that illuminate what makes Baltimore unique, and helping to keep access free for neighbors who need it. H&S Bakery began first as the vision of Isidore Paterakis, an immigrant from Chios, Greece. But he doesnt see the two as competitors. 410.779.4700, 650 S. Exeter Street, Suite 200 Baltimore, Maryland 21202 410.779.4700. Kira Paterakis The 20-acre Inner Harbor East site, owned by Paterakis, is nearly a mile from the center. 40 Under 40: Kira Paterakis, Harbor East Management Group They also took checkbooks to his play money accounts, according to the suit. By submitting your email to receive this newsletter, you agree to our. Leave my wife alone. The suit goes on to describe another argument at Loch Bar, a restaurant in the Four Seasons that Smith owns. UBS Financial Services. We will vigorously pursue further discovery and seek a timely trial in which we will ask the court and jury to provide the appropriate remedies.. They wondered how the companys only retail presence was an old thrift store, as Adam called it, that sold day-old bread for $1. H&S Bakeries continued to work within the food industry and in the nineties, John Paterakis expanded the company to include property development with the formation of H&S Properties Development Corporation. The eatery is slated to open in summer 2021 at 506 S. Central Ave., where it will specialize in made-from-scratch breads and baked goods. Adam hopes that Kneads will solve another problem for H&S Bakery: image. But business has been declining for years as food trends have gone upscale. There are 371 immigration records available for the last name Paterakis. Subscribe to Bisnow's Baltimore Newsletters. Success! Sign up for our newsletter Contact one of our leasing agents below for details and availability. Circuit Court for Baltimore County Case No. 03-C-18-001742 The suit alleges that the defendants funneled Paterakis money into a number of sham trusts.. On Thursday, July 5, at a meeting of Baltimores Urban Design and Architecture Review Panel (UDARP), representatives of John Paterakis Harbor East Development Group presented a What began as a small family-owned bakery morphed into a bread-making powerhouse. Alex Smith said he is proud of his cousins, who did an incredible job building the new bakery. Harbor East's first retail tenant, the grocer will open in the new 50K SF space when the project debuts spring 2019, Bozzuto Development senior vice president and managing director Jeff Kayce said. They divorced about 40 years later. CEO Bill Paterakis said In 2010, the Greek-American publication The National Herald estimated that he was worth $240 million. All Rights Reserved. H&S Bakery expanded throughout the twentieth century to include Northeast Foods and the Schmidt Baking Company. Inner Harbor East, sometimes referred to simply as Harbor East, is a relatively new mixed-use development project in Baltimore, Maryland, United States. Then explore leasing details below. Other Terms of Service The suit points to his grandson, Alex Smith, as bearing exceptional ill-will toward his second wife, saying he spread false stories about her and tried to break up the marriage. State-of-the-art buildings with beautiful views await. (Kaitlin Newman / The Baltimore Banner), 9 Baltimore restaurants perfect for Instagram photos. In 1920 there were 2 Paterakis families living in Ohio. H&S Bakery to open Kneads, a new Harbor East bakeshop and cafe {{app.userTrophy[app.userTrophyNo].hints}}. Use census records and voter lists to see where families with the Paterakis surname lived. You can find birthdates, death dates, addresses and more. Paterakis Use of this site constitutes acceptance of our Harbor East attracts some of most fashionable, food-centric tastes in the region. Chris Paterakis - Vice President - Human Resources - Energy He can be reached at marcus@baltimorefishbowl.com Subscribe to learn and pronounce a new word each day! H&S Bakery Chief John Paterakis, Sr The lawsuit describes attempts to split up the couple by his descendants and even a lawyer who nominally represented Paterakis but began to work with his children as the familys next generation of leaders. There were allegations that Roula Paterakis had hired a lawyer to take over the bakery, which she denied, according to the suit. Paterakis, Beatty split Harbor East, Harbor Point into two companies Based in Baltimore, Northeast Foods, under the management of H & S bakery, is now a supplier of sandwich buns and English muffins for McDonalds restaurants on the east coast. Ohio had the highest population of Paterakis families in 1920. Every hour.. WebIn April, H&S announced plans to relocate the companys Fells Point distribution center to land that is part of the Hollander 95 Business Park in East Baltimore near Pulaski Highway, a move that will free up prime real estate next to Harbor East. He put H&S Bakery on the map and mapped out a future for Habor East. Harbor There are 273 census records available for the last name Paterakis. Use the form below to reset your password. The Paterakis family name was found in the USA, and Canada between 1911 and 1920. Family feud over estate of bakery magnate, Harbor East You can unsubscribe from these alerts at anytime. In 1995, she joined Alex. The SSDI is a searchable database of more than 70 million names. Expect a seamless flow from indoors tooutdoors and between the amenities, which include a library lounge, a courtyard and a private dining room with a catering kitchen. On one side of his headquarters, near President Street, stands Harbor East, a billion dollars worth of office buildings, retail and condos developed by H&S Properties. The top planner of the Baltimore Red Line confirmed this afternoon that the state plans to move the Harbor East light-rail station a block west to accommodate the wishes of developer John Paterakis. Me having grown up around bakery equipment my whole life, it was natural for me to say, How do we make artisan-quality products but with larger equipment? Adam said. [4], The initial plan stressed both sidewalks and streets to connect residents and visitors to the waterfront. Harbor East Unfortunately, this device does not support voice recording, Click the record button again to finish recording. Paying the transaction fee is not required, but it directs more money in support of our mission. Harbor Point is located between Harbor East and Fells Point areas that include some of the most expensive housing in the city. How to pronounce Paterakis | HowToPronounce.com *We display top occupations by gender to maintain their historical accuracy during times when men and women often performed different jobs. Westfield Center - Headquarters. Michael S. Beatty is the President and creative influence for Beatty Development Group. Keep up. H&S Bakery has been in the Paterakis family for four generations, since Harry Tsakalos and Isidore Steve Paterakis founded the business in 1943. You are subscribed to the Bisnow Baltimore Newsletter. You can try again. The American Institute of Architects. The development integrated Harbor East with Fells Point and Little Italy through re-zoning, land subdivisions and more. Based in Baltimore, Northeast Foods, under the management of H & S bakery, is now a supplier of sandwich buns and English muffins for McDonalds restaurants on the east coast. Marsha Jews. Paterakis family plans for the next generation - Baltimore Seems like your pronunciation of Paterakis is not correct. The second wife of the late John Paterakis is suing the bakery magnates children, alleging in a lawsuit she filed Monday that they concealed millions of dollars of his estimated $1 billion f Hanging from the high ceiling are massive wooden light fixtures custom-designed in South America to resemble baking whisks. Congrats! The complaint describes this serious matter in meticulous detail and speaks for itself, Weiner said. Roula Paterakis suit said that the defendants made clear they were displeased that he remarried, and ramped up attacks on her. Artisan bakeshop and cafe Kneads will move into a 17,000-square-foot space at 506 S. Central Ave., the company said Friday The concept will specialize in hand-crafted breads Hoagie rolls, for example, were once a major seller for H&S, purchased by every mom and pop shop around, Adam said. We rely on reader and advertising support to fund our reporting. Hunger Games $60 She noted that the shop is incorporating a lot of old school techniques, such as long fermentation, that would have been familiar to her granddad in his early days of running the bakery. WebAnd hes well aware of what you think: private school lax bro, grandson of the late H&S Bakery billionaire and Harbor East developer John Paterakis Sr., and, more recently, owner of some of Baltimores trendiest, spendiest fine-dining restaurants, not to mention their sister spots in other states. WebBy Adrian Maties, Associate Editor . The hotel planned there also has been challenged because of its costs. As an independent publication, we rely on donations to fund our journalism Kneads Bakeshop and Caf located in Harbor East. Contact our leasing agent below regarding details and availability for your new storefront. Guests will also be able to observe the baking process right before their eyes through the glass of the on-site bakeshop. Language links are at the top of the page across from the title. Just hit yes and continue on your way. Paterakis family plans for the next generation - Baltimore Mr. Paterakis married his first wife in 1950. Major tenants of Harbor East include Marriott International and Legg Mason. Our nonprofit news organization is made possible by, Select the type of alerts youd like to receive, Browsers such as Chrome, Safari, and Firefox, Get text messages from The Banner in urgent situations (message and data rates may apply). Sign up to receive the latest news from Baltimore Fishbowl, delivered to your inbox every weekday. We look forward to defending the lawsuit in court., Another lawyer, representing defendants, Steven A. Thomas, called the charges in the lawsuit outrageous.. Harbor John Paterakis, multimillionaire baker and Baltimore Paterakis Paterakis' political contributions - he and his companies gave about $10,000 to Schmoke from 1994 to 1996 - have also provided ammunition for critics of the Inner Harbor East project. Paterakis acquired the 12-block Harbor East parcel just east of the Inner Harbor for $11.4 million in 1986 from developer Michael Silver. Paterakis uses dough to turn waterfront vision into reality Brown, later acquired by Deutsche Bank, and was a trader in the Equity Finance Division. The second floor of Whole Foods will include a caf and, next to it, a 3,500 SF wine store. The new development will be anchored by the Exelon tower and feature upscale apartments, Class A office space and posh retail outlets patterned after Harbor East, the development Beatty has successfully A Greek mosaic motif on the floor is an homage to the familys heritage, and in particular to Adam and Kiras mom, who died when they were teenagers. $ Gleaming architecture and class-A office space has made Harbor East a premier destination for national employers and office users. Harbor East Development, owned by the family of H&S Bakery magnate John Paterakis, is set to unveil schematic plans for the waterfront condos next week before a city design panel. In 2016, Beatty Development Group completed Nine East 33rd, a mixed-use student housing building in Charles Village. Pronunciation of Paterakis with 1 audio pronunciation, 1 meaning, 1 translation and more for Paterakis. The suit notes that Maryland law allows her to claim one-third of the estate, which she is seeking. Orioles drop third straight, 8-1 to Twins, as Dean Kremer and the offense stumble in rain-delayed game, After Supreme Court ruling, Biden offers new student debt relief plan, Police find man shot multiple times near Clifton Park in Northeast Baltimore on Friday night, Do Not Sell/Share My Personal Information. Soon, he was providing the fast food restaurant with the bulk of its hamburger buns and his business was on its way to becoming one of the nations largest privately owned bakeries. Baltimore Fishbowl reports the fun, factual and sometimes controversial scoop on local schools, real estate, money and power, culture, lifestyle, and community. organization. Development was done under the auspices of a Land Disposition Agreement between the city of Baltimore and the Baltimore Development Corporation, the agency charged with such projects. The suit also names a grandson, Alexander Smith, a restaurateur who owns Ouzo Bay, Loch Bar, Azumi and Tagliata in Harbor East; George Philippou, a son-in-law and general counsel of Paterakis businesses; and Peter Grimm, a Paterakis business associate. WebWe're excited to welcome Patagonia to the Harbor East neighborhood, details regarding opening to be shared soon! The H&S Bakery owner built a state-of-the art manufacturing plant in Baltimore in hopes he could sell his wares to McDonalds. Get all the top news and sports from the baltimoresun.com. The widow of John Paterakis, the bakery magnate and Harbor East developer, has withdrawn her claim to a greater share of what she said was his $1 billion fortune, leaving the bulk of it in the hands of the children from his first marriage. In 1920 there were 2 Paterakis families living in Havtech. In 1943, Isidore Paterakis turned H&S Bakery into a reality by going into business with his son-in-law Harry Tsakalos. What began as a small family-owned bakery morphed into a bread-making powerhouse. The Baltimore Banner may receive compensation for some links to products and services on this website. The Baltimore Banner is a trademark registered in the U.S. for The Venetoulis Institute for Local Journalism, a 501(c)(3) nonprofit Pat Warren has a look at some of the many contributions Paterakis, known as the Bread Man, made to the city in his lifetime. But he also has the benefit of learning from his more conservative father, Bill, whose stewardship Adam credits with keeping H&S Bakery on solid financial ground. Six children were born of the Grand Opening Celebration Hanover Cross Street Baltimore According to one Baltimore Sun article published in 1993, H&S Bakery produce[d] 370,000 rolls. 650 S. Exeter Street, Suite 200 Baltimore, Maryland 21202. Paterakis Name Meaning & Paterakis Family History at - Ancestry All my very best, Marsha Jews. Now caf guests will be able to observe the baking process When it opens later this month with a ribbon-cutting ceremony attended by city officials, the 17,000-square-foot Kneads will combine a shop, cafe, high-end restaurant, event space and industrial bakery that the owners say will bring the family-owned H&S Bakery into the future. All Rights Reserved. Pictured (LtoR) Rachael Avara, Stephanie Bradshaw lead event producer; Kira Paterakis, Harbor East leasing and marketing manager; Vanessa Navarro, Armada Hoffler assistant project manager; and Nikki Scott, Apartment Services marketing coordinator. Rate the pronunciation difficulty of Paterakis. Brian Wyatt Cushman Wakefield 410.347.7804 brian.wyatt@cushwake.com, Bronwyn E. LeGette Cushman Wakefield 410.347.7565 bronwyn.legette@cushwake.com. Bill Paterakis will succeed his father, John Paterakis Sr., at the helm of the familys Baltimore companies. Paterakis Bozzuto is co-developing the project with Harbor East Management Group. Kira Paterakis works for both her familys Harbor East Management Group and now runs her own commercial leasing brokerage, KAP Space. The H & S Property Development Corporation, along with the Bozzuto family, is responsible for the creation of Liberty Harbor East. Published 3/10/2023 5:30 a.m. EST, Updated 3/10/2023 11:45 a.m. EST. [2], Baltimore's Inner Harbor waterfront was filled with decaying warehouses from the industrial boom in the 1900s. H&S Bakery slated to open artisan bakery and cafe in Harbor East Coordinates: 391659.5N 76365.75W. Paterakis Pastries at Kneads, a high-end bakery and cafe opening in Harbor East March 24. Following in his fathers entrepreneurial spirit, John Paterakis, struck a deal with the fast food giant McDonalds in the seventies. H&S Bakeries continued to work within the food industry and in the nineties, John Paterakis expanded the company to include property development with the formation of H&S Properties Development Corporation. The Paterakis and Bozzuto families combined efforts have resulted in a revitalized Harbor East complete with new, luxurious residential areas and retail stores. Today, the Paterakis family continues to remain an integral part of the east Baltimore community and is the largest family-owned variety baker in the U.S. according to H&S Bakerys website. As Inner Harbor East suggests, Mr. Paterakis remains a risk-taker in business. Kneads will also partner with other Baltimore-area food vendors with selections off coffees, oils, vinegars, dips, jams and more. Henry M. Paterakis This website stores data such as cookies to enable essential site functionality, as well as marketing, personalization, and analytics. Inner Harbor East, Baltimore. Copyright 2023 Bisnow. I built the bakery I wanted to work in, Adam said. Kneads will sell products from local businesses, sourcing produce from area farms and coffee from Towson-based Aveley Farms Coffee Roasters, whose owner Corey Voelkel called it a natural fit. Aveley had previously operated in Harbor East for two and a half years, which is where Voelkel got to know Adam and Kira, who live in the neighborhood and were regulars at the shop. https://explore.baltimoreheritage.org/items/show/702, Baltimore Harbor East: The Many Companies Which Make Up Industry, A Local Boy Who Hit It Big In Fells Point, John Paterakis, one of the Baltimores most influential businessmen, dies, Creative Commons Attribution 4.0 International License.