COUNCIL MOURNS LOSS OF DOUGLAS SHORENSTEIN
Council Chair Michael Covarrubias called for a moment of silence at yesterday’s (Dec. 3) Board of Directors meeting to honor beloved Bay Area business and philanthropic titan Doug Shorenstein, who passed away Nov. 25 after a long battle with cancer. Shorenstein was Chairman and CEO of Shorenstein Properties, a real estate development company founded by his late father Walter Shorenstein. He previously served on the Council’s Board of Directors and was a 2011 inductee into the Council’s Bay Area Business Hall of Fame – Walter was a member of the 1998 Hall of Fame. After taking over the company in 1995, Shorenstein transformed it from a local developer to one of the largest and most-respected real estate development and management companies in the nation. He will be sorely missed.