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This profile was last updated on 4/10/2017 and contains contributions from the  Zoominfo Community.

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Wrong Steven Korman?

Steven H. Korman

Chief Executive Officer

Korman Communities Inc

HQ Phone:  (484) 351-2000

Direct Phone: (484) ***-****direct phone

Email: s***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Korman Communities Inc

220 West Germantown Pike

Plymouth Meeting, Pennsylvania,19462

United States

Company Description

Korman Communities Inc., which sat on the sidelines for the last year and a half, is poised to make some real estate grabs next year - spending more than $300 million - to expand its three residential real estate divisions. The move comes as the company deci...more

Background Information

Employment History

Mem

White Plains 25 Martine, LLC


Manager, Korman Communities

AKA United Nations


Affiliations

MANNA

Advisory Board Chair


Philadelphia Children's Commission

Commission Member


Web References(28 Total References)


Blog - MANNA

www.mannapa.org [cached]

Steve became involved with MANNA more than 15 years ago after recovering from a painful virus of the mouth.
The pain made it impossible to eat or drink and Steve lost weight quickly. His agony and frustration mounted as no one could diagnose his problem or provide a solution, even after multiple medical appointments. Then a dentist and friend of the family heard about Steve's symptoms. He immediately knew exactly what was wrong and prescribed a medication that quickly healed Steve, allowing him to return to a healthy weight. When Steve tells this story, he says he bargained with God during that painful week, vowing to do more good if he got better. Steve lived up to that bargain and showed up here at MANNA the very next week with a generous contribution. MANNA focused solely on helping people with HIV/AIDS back then, and Steve knew that people dying from AIDS had many complications, including difficulty eating. Now, 15 years later, Steve and his family are an integral part of MANNA: we are the Steven Korman Nutrition Center and Steve is the Chair of our Advisory Board. shk Steve is the Founder of Korman Communities, Inc. He has spent the past 50 years in the real estate industry specializing in revolutionizing the multi-family sector. Steve is also a Partner of The Korman Co. of Trevose, PA, one of the largest owners and managers of residential, commercial, and industrial real estate in The Greater Philadelphia Metropolitan Area. Steve has been responsible for all aspects of the multi-family portfolio over this time, developing and marketing the KormanSuites brand name throughout the region. MANNA would not be the organization we are today without Steve and his generosity. He is truly passionate about our work and enthusiastically gives his time, expertise, and funds to ensure that more and more sick people have access to food as medicine! We are proud to celebrate and honor Steve Korman throughout MANNA's 25th Anniversary Celebration. Las Vegas legend Wayne Newton will help MANNA honor Steven Korman, Founder of Korman Communities, for his tireless efforts and deep commitment to MANNA's mission.


MANNA | About MANNA | Board and Advisory Board

www.mannapa.org [cached]

Steven Korman
CEO, Korman Communities


News at Extended Stay, Furnished Apartments for Extended Stay

www.stayaka.com [cached]

"We're going to open a 'wow' boutique property," says Steve Korman, founder of Korman Communities.
Steven, their father, can rightfully take credit as the inventor of flexible-term housing. The company - founded in 1909 by his great-grandfather Hyman Korman - is a family affair: His father, Steven Korman, 67, is the chief executive. "When Korman Suites started in 1962 and 1963, we created something that we thought was very special and did it in areas that were good areas but you wouldn't say they are Triple A areas," said Steven H. Korman, CEO. "These properties are in Triple A locations," Korman said, adding they are spots where people want to be. Korman has spent about $15 million to gut the properties if need be and redevelop them into new apartments with fine appointments that would make a visitor feel right at home. Sometimes it's old hotels and apartment buildings that are being redeveloped; other times it's old office buildings. The units vary in size but have ample living rooms, some with balconies, bedrooms and baths with fine linens and towel and fully loaded kitchens with limestone and granite countertops. All come with hotel amenities such as housekeeping and others have concierge service on site. It's the combination of a prominent location with high-end accommodations that Korman and his team believe will find an audience for aka. "It's recreating apartments with hotel services," Korman said. In all, Korman has developed nine aka properties with plans for more. "It's growing pretty rapidly," Korman said. AKA Times Square is the fourth Manhattan property for the burgeoning and innovative AKA brand of luxury extended-stay hotel residences that are being selectively rolled out worldwide by Philadelphia-based real estate developers Korman Communities, a fourth generation family company led by CEO Steven Korman with sons Larry and Brad as co-presidents. As a fourth-generation family company, CEO Steve Korman leads Korman Communities and the co-presidency of AKA is headed up by Larry, who handles the general operations of the properties, and Brad, who handles portfolio acquisitions. His grandson, Steven Korman, developed the concept of Korman Suites in an apartment building along the Benjamin Franklin Parkway that is now an Embassy Suites. Slow to rent the pie-shaped apartments, Steven Korman decided to furnish one as an example of how the unit might look. Then someone wanted to rent the furnished apartment for a few months but not as long as a year. "All of a sudden it hit him that there was a need for a whole realm of lodging for someone who needed a place for six months," said Brad Korman about his father Steven.


MANNA | About MANNA | Board and Advisory Board

www.mannapa.org [cached]

Chairperson: Steven Korman
CEO, Korman Communities


All Spin Zone » Inspirational

allspinzone.com [cached]

Korman is trying to influence more than the 500 people he employs.
In Praise of Steven Korman, CEO It is not often we get to praise a fine corporate citizen in times when we hear of layoffs daily. Steven Korman has taken out ads in the Philadelphia Inquirer and NYTimes encouraging companies to refrain from layoffs in these uncertain times, encouraging companies to look to the communtiy bottom line instead of just the balance sheet. Steven Korman is a Philadelphia CEO of Korman Communities, a privately held family firm founded in 1909. Steven Korman is featured in today's Philadelphia Inquirer because he got a bit perturbed the other day while in his daily exercise routine. There on CNBC was another announcement of layoffs. This time it was Pfizer announcing that in order to complete its merger with Wyeth it would first lay off 8,000 workers. Steven Korman owns shares of Pfizer, and he was not pleased with the news, even though it might help Phizer's bottom line. The Inquirer tells the story better than I: It was during a morning workout on his treadmill early last week that Steven Korman felt inspired to make a public appeal to business leaders: Steven Korman is a throwback, I suppose, to a time when family-run businesses took care of their larger families, their employees. Sure, Steven Korman is philanthropic, but this action shows far more care for people suffering in today's difficult economic climate. I have never met Steven Korman, though I would be honored to do so.


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