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date: 19 August 2019

Altman, Benjaminlocked

(12 July 1840–07 October 1913)
  • Dennis Wepman

Extract

Altman, Benjamin (12 July 1840–07 October 1913), merchant and art collector, was born in New York, New York, the son of Philip Altman, a dry goods merchant, and Cecilia (maiden name unknown). His father, a Jewish immigrant from Bavaria who had come to the United States in 1835, operated a small dry goods store named Altman & Co. on Third Avenue near Tenth Street. Young Altman worked with his brother Morris in his father’s shop in the afternoons. He left school at the age of twelve to work there full time and later held a variety of sales jobs with other dry goods shops in New York City and in Newark, New Jersey. When his father died in 1854, Altman and his brother took over the store, changing its name to Altman Bros. The business prospered, and by 1865 they moved to Third Avenue and Tenth Street; they moved again to a larger building on Sixth Avenue between Eighteenth and Nineteenth Streets in 1870. Morris left the business but remained a partner, and when he died in 1876, Altman became sole owner, later changing the name of the firm to B. Altman & Co....

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