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On the evening of Sept. 28, on the occasion of the annual Presidents’ Dinner, six Baruch alumni stepped forward and gave back—more than $53 million—to help other young people follow new paths to success for decades to come. Dr. Kathleen Waldron, hosting her first Presidents’ Dinner, welcomed 200 friends of the College at this gala event. Announced at the dinner were gifts from alumni William Newman, Lawrence N. Field, Marvin Antonowsky, Lawrence Zicklin, William F. Aldinger, and one anonymous donor. The gifts were dedicated to Baruch’s award-winning Vertical Campus facility; the restoration of Baruch’s original classroom building at the historic site of 17 Lexington Avenue; a chair in entrepreneurship; the College’s flourishing performing arts center; an endowment for the College’s influential Center for Financial Integrity; and a chair in banking and finance. These gifts helped Baruch reach $160 million in its capital campaign.






William and Anita Newman’s gift of $25 million is their largest to date (as well as one of the largest in the history of private gifts to public colleges in New York State) and is in support of the award-winning Vertical Campus facility, which opened in 2001 and houses the Zicklin School of Business and the Weissman School of Arts and Sciences. It has been renamed the William and Anita Newman Vertical Campus.


“First my father and my mother—both immigrants newly arrived on these shores—and then I and my late brother, Joseph, as well as many of the people who would become my colleagues, all attended Downtown City, earning degrees and setting the stage for productive careers in business. I’m grateful for what this school, now Baruch, has given me, and I welcome the opportunity to help to do the same for a new generation of young people.”
—William Newman


“I feel that the youth of America are our future, and education is so very important to them and to all of us. I am very proud that we can do something to help.”
—Anita Newman

William Newman graduated in 1947 from Baruch College with a Bachelor of Business Administration and received an honorary doctorate from the College in 1997. His support for Baruch is extensive: He has funded the Steven L. Newman Real Estate Institute as well as, in the curriculum, the Newman Real Estate Programs, which comprise master’s and undergraduate programs in the School of Public Affairs and the Zicklin School of Business. He also provided key support for the reconstruction of the William and Anita Newman Library, which was named the best college library in the nation for 2003 by the academic arm of the American Library Association.

Newman is the founder and chairman of New Plan Excel Realty Trust. New Plan Excel Realty Trust, one of the nation’s largest real estate companies, focuses on the ownership, management, acquisition, development, and redevelopment of community and neighborhood shopping centers. The company operates as a self-administered and self-managed REIT, with a national portfolio of more than 400 properties and total assets of approximately $4 billion.

Newman has received the Wall Street Transcript’s gold, silver, and bronze medals for national leadership in the real estate industry and Ernst & Young’s Real Estate Entrepreneur of the Year Award in 1998. He is also the former chairman of the National Association of Real Estate Investment Trusts, a position he occupied from 1990 to 1992.

Anita Newman attended Hunter College. She and William Newman both attended Evander Childs High School in the Bronx. The Newmans have a grown daughter, Debra.










Above: William and Anita Newman

(Photo: Frank Moscati)

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“My parents, like the parents of many of today’s students, were immigrants. Their dream was that I could be a mail carrier or schoolteacher. Baruch showed me a much wider world. It gave me both the education and the self-confidence to create for myself and my family a future I could never have imagined. For me, this opportunity to give back to Baruch College is both a privilege and an obligation.”
—Lawrence N. Field

Lawrence N. Field and Eris Field are making a gift of $10 million in support of the future renovation of 17 Lexington Avenue, Baruch’s original academic building. The site is historically significant: it is the location of the Free Academy, which opened at the corner of Lexington and 23rd Street in 1847. The Free Academy was America’s first free public institution of higher learning and the precursor to City College and later The City University of New York. The Fields’ longtime friend, architect Frank Gehry, has expressed his commitment to being involved in the renovation/design. The building has been named the Lawrence and Eris Field Building. In addition, the Fields are donating $2 million to fund the Larry and Eris Field Family Chair in Entrepreneurship, expanding the scope of Baruch’s Field Center for Entrepreneurship, which the Fields endowed in 1999.

The founder and principal of NSB Associates, Lawrence Field has more than three decades of experience in the real estate development and investment business both in New York and Southern California. Since 1968, Field has been involved in the acquisition and development of more than 2 million square feet of real estate in Southern California in the name of Southland Investment Company,The Richlar Partnership, and now NSB Associates.

Field is a founding director of the California Housing Council and is a member of the Urban Land Institute, the International Council of Shopping Centers, and the National Association of Industrial and Office Parks. He is on the Executive Committee of The Baruch College Fund and on the boards of Girls and Boys Town USA, Fraternity of Friends of the Music Center, Cedars-Sinai Medical Center, and The Jewish Home for the Aging. Other charitable and community affiliations from the past and present include Jewish Federation Council, American Associates of Ben-Gurion University of the Negev, Stephen S. Wise Temple, UCLA/Hammer Museum, Los Angeles County Museum of Art, and The Magic Castle. He holds a Bachelor of Business Administration from Baruch College and a Juris Doctor from New York Law School.

Eris Field has been active in leadership roles in a number of Los Angeles–area civic and arts organizations. The Fields have two grown children, Robyn and Lisa, both of whom live in Southern California.










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“I’m delighted to lend my name to a first-rate arts center at a college that’s home to the nation’s largest business school. My career has flourished because I have been able to bring good business sense to the production of culture and entertainment, and Baruch is the institution that launched me on this road. I hope the Antonowsky Performing Arts Complex will enable today’s students to pursue a love of theater and music as
they learn to make their living and to realize the two ends are not mutually exclusive.”
—Marvin Antonowsky

Marvin Antonowsky is giving $2.5 million in support of the new and expanded Vertical Campus facilities of the Baruch Performing Arts Center. These facilities have been named the Marvin Antonowsky Performing Arts Complex.

Marvin Antonowsky received his Bachelor of Business Administration in 1949 and his Master of Business Administration in 1952 from City College School of Business and Civic Administration, which in 1968 became Baruch College. Antonowsky went on to a long and successful career in entertainment and marketing and has supported Baruch in its performing arts programs as well as through his membership on the school’s non-governing board, The Baruch College Fund.

Antonowsky served as executive vice president and assistant to the chairman of Columbia Pictures from 1990 until 1993, when he joined Columbia chair Frank Price to help form and manage Price Entertainment. In 1989 and 1990, Antonowsky worked as a marketing consultant to Tri-Star Pictures. Before that, he was president of marketing for MCA/Universal Pictures and head of marketing for Columbia Pictures, where he would return later. During his motion picture career, he handled marketing for many of the most successful movies of the era, including The Prince of Tides, Look Who’s Talking, Steel Magnolias, The Breakfast Club, Fletch, Out of Africa, Stir Crazy, Absence of Malice, Gandhi, Tootsie, and The Big Chill.

Antonowsky began his career with the advertising agency Kenyon and Eckhart, where he was media research director before becoming marketing vice president in 1957. He then joined Norman, Craig and Kummel, where he was vice president of marketing services. In 1965 Antonowsky was named vice president in charge of media research and spot buying at J. Walter Thompson, a position he held for four years. He then joined the ABC television network, where he was vice president in charge of research, culminating his network career at NBC, where, as vice president of programming, he was instrumental in starting Saturday Night Live, among other successful shows. In 1976 he joined Universal Studios, where he was senior vice president for Universal Television before moving over to the movie industry in 1980.

Above: Marvin Antonowsky

(Photo: Frank Moscati)

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“This support for The Robert Zicklin Center for Corporate Integrity is meant to honor my cousin Bob Zicklin, who passed away not long ago. Bob was an attorney who worked for the Justice Department before starting his own firm. He was a stickler for the law but considered that as prescribing only a minimal level of behavior. His own ethics went far beyond that level, and, for all of us who were close to him, he was the model of integrity.”
—Lawrence Zicklin
“Much of the good that has happened in my life came about as a result of the education I received at Brooklyn College and Larry received at Baruch. The City University did us a great favor at a time when we needed it. It is a privilege to return the favor.”
—Carol Zicklin

Lawrence Zicklin, who endowed the Zicklin School of Business with an $18 million gift in 1997, has donated $2 million as an endowment for what was Baruch’s Center for Financial Integrity. The center was founded in 2000 with Zicklin’s help by Stan Ross Department of Accountancy Professor Douglas Carmichael, now on leave to head the auditing division of the Security and Exchange Commission’s new accounting enforcement arm, the PCAOB (Professional and Corporate Accounting Oversight Board). The center has been renamed The Robert Zicklin Center for Corporate Integrity.

Lawrence Zicklin graduated in 1957 from Baruch College with a Bachelor of Business Administration and earned a Master of Business Administration from the Wharton School at the University of Pennsylvania in 1959. Currently, Zicklin is chairman of Baruch’s non-governing board, The Baruch College Fund, where he has also served in the capacity of president. Professionally, Zicklin was managing principal and chairman of Neuberger Berman, an investment management firm that is now part of Lehman Brothers. He began his career in the institutional sales department at Merrill Lynch. Active philanthropically at many levels, Zicklin is a former president of the UJA Federation of New York. In addition, he is a clinical professor at the Stern School at New York University and a senior fellow at the Wharton School.

He is married to Carol Zicklin, who is also a graduate of New York City’s public higher education system. The Zicklins have been married since 1960. They have a son, Eric, living in Southern California, and a daughter, Andrea, living in Israel.


Above: Carol and Lawrence Zicklin

(Photo: Bacarach)






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William F. Aldinger III is donating $2 million for The William F. Aldinger Chair in Banking and Finance.

William F. Aldinger III is chairman and CEO of HSBC North America Holdings Inc., a wholly-owned subsidiary of HSBC Holdings plc, one of the world’s largest banking and financial services organizations. His previous positions include chairman and CEO of Household International and vice chairman of Wells Fargo Bank.

Aldinger serves as a director on the boards of MasterCard International, Illinois Tool Works, and AT&T Corp. He also holds a seat on the combined board of the Children’s Memorial Medical Center/Children’s Memorial Hospital and the Children’s Memorial Foundation in Chicago.

Aldinger graduated in 1969 from Baruch College with a Bachelor of Business Administration degree and earned a Juris Doctor degree from Brooklyn Law School in 1975. In 2004 he was honored with the Distinguished Alumnus Award at Baruch College’s second annual Bernard Baruch Dinner.


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An Evening to Remember: 2004 Presidents' Dinner

The annual Presidents’ Dinner is one of the highlights of the Baruch calendar. But this year’s reception, held on Sept. 28, was made extraordinary—historic even—by the announcements of six special gifts to the College. The gifts from alumni William Newman (‘47, LLD [Hon.] ‘97), Lawrence N. Field (‘52, DCSc [Hon.] ‘04), Lawrence Zicklin (‘57, LHD [Hon.] ‘99), Marvin Antonowsky (‘49, MBA ‘52), William F. Aldinger III (‘69), and one anonymous donor, totaling $53.5 million, helped Baruch’s capital campaign reach $160 million. Newman and his wife, Anita, and Antonowsky were on hand for the Presidents’ Dinner to receive special thanks from Baruch President Kathleen Waldron and the other reception attendees.

President Waldron, who began her presidency this summer and was attending the dinner for the first time, was overwhelmed by the support these gifts represent. “This marks an extremely important day in the distinguished history of Baruch College, which has been an agent of transformation and prosperity for so many of the city’s first-generation students,” she said. “It’s an overwhelming show of support and provides powerful momentum as Baruch continues to achieve educational excellence while remaining accessible and affordable to the city’s most ambitious and hardworking students. I know I speak for the whole Baruch community in expressing deep gratitude to each of these remarkable alumni.”

The annual reception, which recognizes and honors donors who make gifts of $1,000 or more to The Baruch College Fund (BCF), is co-hosted by the presidents of the fund—this year Irwin Engelman (‘55, LLD [Hon.] ‘00)and Baruch College.


—Diane Harrigan




Top left: President Kathleen Waldron with alumnus Larry Field (’52, DCSc [Hon.] ’04). Field and his wife, Eris, longtime supporters of Baruch causes, donated $10 million for the renovation of the College’s historic 17 Lexington Avenue classroom building. They also donated $2 million to fund The Larry and Eris Field Family Chair in Entrepreneurship, which expands the scope of the Field Center for Entrepreneurship, which they endowed in 1999.

Bottom left: Anita and William Newman (’47, LLD [Hon.] ’97) give an impromptu interview to a student journalist. Their recent gift to the College of $25 million—the largest cash gift CUNY has ever received and one of the largest in the history of public colleges in New York State—grabbed headlines across the country.

Right column, from top to bottom:

President Kathleen Waldron surrounded by undergraduate emissaries who attended the donor event. President Waldron has pledged to improve various student services for the College’s 12,500-strong undergraduate population.

Fully embracing the joyous party atmosphere was (from left) BCF Vice President Dov Schlein (’70, MBA ’75), BCF Secretary Barbara Kent (’59), and BCF Trustee Emeritus Bernard Richards (’49) and his wife, Arlene (’50).

Marvin Antonowsky (’47, MBA ’52) accepts the College’s thanks and a beautifully calligraphed scroll of honor (not shown here). Sharing the stage and moment with him is student Cheryl Ng.

(Dinner photos: Phil Gallo)


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