WHY??!!! I have never recognized the reason for this and it has never been explained. Adam Weitsman
could be a very important piece of the donation group at SU. In fact he would be the biggest donor. I never understood the problem with Syverud.
Does he think the school is better than AW? Does he think AW donating money is wrong because AW is a lowly scrap metal dealer? AW didn't get where he is by being stupid. Could someone explain what in the hell the problem is?
Dasher, could you lend your expertise here?
You have:
AW - Donator billionaire
J Lally- Millionaire donator
K Syverud- Chancellor
Unless KS is a being a complete ass, I would think he would welcome AW and his money. Does KS think SU is above AW on his high horse because of the business AW is in and has made a great person out of himself his businesses including the scrap metal, restaurants, community? At some point you have to step back and look at the entire situation and move forward with AW involved.
This must be the only reason I see why the University has a problem with AW. But when do you forgive a man who made a mistake and atoned for that mistake, or do you never forgive and creep along afraid that AW may make the University look bad for his mistake? I think this is the KS hang up. So, let a man who wants to help us financially frustrated? Until I hear differently, I am assuming this is the KS understanding. And you can put as many thumbs down as you want on this post. I am for forgiving AW if that is even the problem.
Wikipedia bio:
| Adam Weitsman | |
|---|
| Born | Adam Joel Weitsman
Owego, New York, U.S. |
|---|
| Alma mater | Owego Free Academy
Long Island University |
|---|
| Occupation(s) | Entrepreneur, philanthropist |
|---|
| Spouse | Kim Weitsman
(m. 2006) |
|---|
| Children | 3[1] |
|---|
| Awards | Platts Industry Leadership Award
AMM Scrap Company of the Year Award |
|---|
| Website | Official website |
|---|
Adam Joel Weitsman is an American entrepreneur. He is the owner and chief executive officer (CEO) of Upstate Shredding – Weitsman Recycling, a scrap metal processing company headquartered in Owego, New York.
Early life
Weitsman was born and raised in Owego, New York.[2] He developed an interest in art collecting early in life after his father and grandfather discovered two early American stoneware bottles during an excavation project in their scrap yard in 1980.[3] Weitsman began collecting the 19th-century stoneware and owned 60 pieces by 1982.[2]
In 1986, Weitsman graduated from Owego Free Academy. Weitsman majored in banking at the C.W. Post Campus of Long Island University in Brookville.[2] In 1989, Weitsman worked at a Manhattan art gallery, Hirschl & Adler Folk, and opened the American Folk Art Gallery in Greenwich Village in 1991.[2][4] In 1995, Weitsman became vice president of Ben Weitsman & Son, a scrap processing company owned by his family before eventually purchasing it from his father.[2]
Career
After losing his sister to cancer in the early 1990s, Weitsman quit a career in New York City and returned to his hometown to the family scrap metal business. Here, he built up an interest in the processing side of scrap metal recycling, which led to the foundation of Upstate Shredding.[5] In 1997, Weitsman opened Upstate Shredding at the Tioga County Industrial Park in Owego.[6][4][7] Weitman was sentenced for check kiting in 2004, paid a $1 million fine and served 8 months in prison.[8] In 2005, Weitsman acquired Upstate Shredding's sister company, Ben Weitsman & Son, Inc., after his father retired[6] and acquired an 11-acre scrapyard in Solvay, New York from Peter Matlow in December 2009.[9] Between 2012 and 2016, Weitsman acquired a scrap yard in New Castle, Pennsylvania,[7] a port facility in Albany,[6] and Empire Recycling in Watertown, New York.[10] By the end of 2016, they were collectively known as Upstate Shredding – Weitsman Recycling.[6][11] That year, Weitsman won the Platts Industry Leadership Award and the AMM Scrap Company of the Year award for the second year in a row.[12][13] He was awarded Scrap Company of the Year by American Metal Market in 2015 and 2016.[14]
Weitsman and his wife, Kim Weitsman, have invested in real estate in Skaneateles, New York.
In 2010, Kim purchased the Krebs restaurant, which was founded in 1899.[15] The restaurant re-opened in the summer of 2014.[11] Weitsman has supported local philanthropic efforts through personal funding and this restaurant.[15] In 2015, Weitsman and his wife donated the restaurant's profits to 16 regional nonprofit organizations.[16][17] In 2018, Weitsman began construction on a Mexican restaurant, Elephant and the Dove, in addition to development of a sushi bar in Owego.[18][19] The restaurant opened on April 11, 2019.[20][21] In 2021, Weitsman announced a collaboration with Rise N Shine restaurant owner, Danielle Mecuri, for a new Italian restaurant in East Syracuse.[22]
In 2021, he started Viridium LLC,[23] a cryptocurrency mining company.[24][25] As of 2022, he is a billionaire.[26]
Weitsman is involved philanthropically. He has a collection of 19th-century American stoneware which he has been donating to the New York State Museum in Albany since 1998.[3] In 2019, Weitsman donated $100,000 for the renovation and expansion of the Rescue Mission's Clarence L. Jordan Food Service and Culinary Education Center.[27] In 2019, Weitsman donated $10,000 to Vera House, a non-profit tackling domestic and sexual violence abuse in Central New York.[28] In 2020, Weitsman offered a college campus he acquired to any federal, state, or local government agency to set up a base camp to help find a cure for the Coronavirus.[29]
