Lawrence C Nussdorf

Lawrence C. Nussdorf, a titan of Greater Washington’s commercial real estate industry and captain of Clark Enterprises Inc., died Friday November 13 2020 . He was 74. For 43 years, Nussdorf had been a core leader at the Bethesda-based real estate and private investment firm founded by its namesake and his longtime friend and fellow real estate giant, the late A. James Clark. Nussdorf helped shape one of the region’s largest private companies, which across its affiliates are responsible for construction and investment in an untold amount of Greater Washington’s built environment, including its sports arenas, hospitals, mixed-use destinations and Metro stations. Nussdorf joined the company in 1977 as chief financial officer of its construction subsidiary. At Clark Enterprises, he served in the roles of chief financial officer, chief operating officer and president, overseeing investment activities and day-to-day operations, before being elected chairman and CEO in June 2015, soon after Clark's passing. Nussdorf also served as a director of the A. James & Alice B. Clark Foundation, the engine of Clark’s lifelong philanthropy that helped funnel hundreds of millions of dollars toward the University of Maryland, MedStar Health, Miriam’s Kitchen and Operation Homefront, among many, many others. Lawrence C. Nussdorf since 1998 has been President and Chief Operating Officer of Clark Enterprises, Inc., a privately held investment and real estate company based in Bethesda, Maryland, whose interests include the Clark Construction Group, LLC, a general contracting company, of which Mr. Nussdorf has been Vice President and Treasurer since 1977. He serves as a director of CapitalSource Inc. He has been a director of the Company since August 1, 2002, and was a director of Pepco from 2001 until it merged with Conectiv on August 1, 2002. He currently serves as Lead Independent Director. Nussdorf is a native of Neptune, New Jersey, son to Esther and Arthur Nussdorf, a manufacturer of Army uniforms, and later husband-and-wife owners of Century Sportswear, a ladies sportswear company. In 1972, he moved with newlywed Melanie Franco to D.C., where they became members of the Adas Israel Congregation and he often played the links as a member of Woodmont and Burning Tree country clubs. A lawyer and certified public accountant, Nussdorf had received a bachelor’s in economics from the University of Pennsylvania’s Wharton School of Business, a law degree from Rutgers University and a master’s of law degree in taxation from the Georgetown University Law Center. He’s a former trustee at the University of Pennsylvania. Nussdorf is survived by wife Melanie Franco Nussdorf; their two sons, Jed and Benjamin; their respectives wives, Sarah and Inna; and five grandchildren. He is also survived by his brother, Andy Nussdorf; his sister, Eleanor Mirne; and their families.