Company: CLPR
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001437749-25-013840
Chunk: 11

Company: Clipper Realty Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 11
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| Howard M. Lorber †  |     |  76 |     | Director, Chairman of the Audit Committee and the Compensation Committee |     |           2015 |
| Richard N. Burger † |     |  74 |     | Director                                                                 |     |           2018 |
| Robert J. Ivanhoe † |     |  72 |     | Director, Chairman of the Nominating and Corporate Governance Committee  |     |           2015 |
| Harmon S. Spolan †  |     |  89 |     | Director                                                                 |     |           2018 |
| Roberto A. Verrone  |     |  56 |     | Director                                                                 |     |           2015 |

† Independent within the meaning of the NYSE listing standards.

David Bistricer has served as the Chief Executive Officer of the Company since August 2015 and has been the managing member of Clipper Equity LLC (“Clipper Equity”), which owns interests in and controls and manages entities that own interests in multi-family and commercial properties in the New York metropolitan area (as more fully described under the heading “Certain Relationships and Related Party Transactions”), for more than 10 years. From January 1999 through February 2011, he served as Co-Chairman of the Board of Directors of Coleman Cable, Inc. (Nasdaq: CCIX), a manufacturer of wire and cable. He was previously Co-Chairman of the Board of Directors of Riblet Products Corporation from January 1987 until its merger with Coleman Cable, Inc., in 2000. Mr. Bistricer also was the managing member of Berkshire Capital LLC and Morgan Capital, real estate investment firms that are no longer active, for more than 10 years. He has also been the managing member and investor in a number of real estate investments unrelated to those of the Company, principally in the New York City area, since approximately 1978. Mr. Bistricer brings to our Board industry experience, leadership abilities and strategic insight that make him a valuable asset as Co-Chairman.

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Sam Levinson is a principal and a managing partner at Glick Family Investments, a private family office located in New York, New York. Mr. Levinson is the Founder, Co-Chairman and head of the Investment Committee of the Company. In October 2024 Mr. Levinson joined the board of Five Point Holdings (NYSE