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Sunday, November 08, 2009

Westport Businessman Samuel J. Heyman Dies at 70

UPDATE Samuel J. Heyman, a Westporter whose real estate holdings include Westport’s Compo Acres shopping center as well as shopping centers, hotels and office buildings in Connecticut and elsewhere in the Northeast, died Saturday in New York City. He was 70. WestportNow.com Image
Samuel J. Heyman: real estate investor and corporate raider. Bruce Ando photo

The New York Times reported his wife, Ronnie, said he died after complications from open heart surgery at Mount Sinai Hospital.

Heyman, whose residences include a waterfront estate in Westport’s Greens Farms section as well as homes in New York City and Florida, was also an attorney, hedge fund owner, art collector, and corporate raider. He is perhaps best known for his 1983 takeover of the chemical giant GAF for about $5 billion. He was its chairman at his death.

Born March 1, 1939 in Danbury to Annette and Lazarus Heyman, he attended the private preparatory Wooster School in Danbury and graduated from Yale University in 1960 magna cum laude and a member of Phi Beta Kappa. He played tennis for the Yale varsity and was ranked sixth in New England.

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