Philip Aarons

In 1991, Philip Aarons formed Millennium Partners with Christopher Jeffries to develop the $275 million first-phase of the major West Side development that would become Lincoln Square. The company has completed major mixed-use developments in New York, Boston, Washington DC, San Francisco and Miami at a cost in excess of $4 billion.

Mr. Aarons began his career as an associate at a major New York City law firm where he concentrated in real estate transactions and finance. In early 1978, he joined the Administration of Edward I. Koch as Assistant to the Mayor.

In mid 1979, Mr. Aarons was named President of the NYC Public Development Corporation, a position he held through 1983. Under his leadership, the company grew to become the City’s lead development agency, overseeing projects including the South Street Seaport, the Marriott Marquis Hotel, the Joyce Theatre, and the Carnegie Hall Restoration.

In late 1983, Mr. Aarons moved from public service and became President of General Atlantic Realty Corporation, the real estate subsidiary of General Atlantic, a privately held investment firm. In partnership with Christopher M. Jeffries, Mr. Aarons was a pioneer in the construction of low-income housing, financed through its linkage to luxury housing, building over 1,000 units of affordable housing throughout the City.

Today, Mr. Aarons is active on the numerous boards. He graduated from Columbia College in 1973, where he majored in art history and the Columbia University School of Law in 1976 where he was an Editor of the Law Review.