Career
Jimmy was the first of the brothers to go into the family business.[3] He dropped out of the pre-law program at the Detroit Institute of Technology,[7] took a job in the box office of the Lafayette Theater, and then worked as the treasurer in the traveling Air Force production of Moss Hart's Winged Victory which played on Broadway where he made valuable connections. After his father's death in the 1960s, the Nederlander brothers continued to purchase theaters[1] expanding nationally with Jimmy moving to New York City, Harry to San Francisco, and Joey remaining in Detroit.[3] Their largest rivals were the Shubert family, the founders of Broadway theatre district in New York City. From 1965 to 1985, Jimmy purchased ten theaters in New York City and produced hundreds of plays forming close relationships with producers David Merrick, Alexander H. Cohen, and Emanuel Azenberg.[3] In 1973, Nederlander and his brothers joined with George Steinbrenner as limited partners when Steinbrenner purchased the New York Yankees of Major League Baseball.[1]
The Nederlander Organization controls nine Broadway theaters and is the second largest owner, of the three companies that dominate Broadway after the Shubert Organization (which owns sixteen theaters) and ahead of Jujamcyn (which owns five). The Nederlander Organization owns a larger number of theater houses than the others with an additional fifteen theaters nationwide.[3] They are the only one of the three that is still run by its owners.[3]
