The following is extracted from the 1983 USFL Media
Guide. Supplemental information follows.
Well-versed in a number of professional capacities,
Myles H. Tanenbaum will implement those skills as
principal owner and managing general partner of the
Philadelphia Stars. With his business associates,
Arthur L. Powell and Harold G. Schaeffer, Tanenbaum was
active in several areas during the formation of the USFL.
Tanenbaum graduated in 1957 cum laude from the
University of Pennsylvania Law School. Since that
time, Tanenbaum has excelled in the fields of
accounting, real estate development and taxation law.
Tanenbaum currently is president of Charter Oak
Investment Company, a holding company whose assets
include Kravco, Inc., one of the nation's largest
shopping center and commercial reall estate development
and managing companies.
He joined the firm in 1970 as a Vice President, after
practicing law in Philadelphia as a partner in the firm
of Wolf, Block, Schorr and Solis-Cohen.
Philadelphia (later Baltimore)
A member of the American Bar Association and the
Philadelphia Bar, Tanenbaum, in his capacity with the
International Council of Shopping Centers, has chaired
that association's subcommittee on taxation and has been
a principal speaker at the ICSC's annual convention and
Tanenbaum lectures frequently on tax topics principally
relating to real estate. Among the conclaves he
has addressed are the New York University Tax Institute,
the Philadelphia and Pennsylvania Bar Association
lecture series and legal education program, the
Practicing Law Institute, Society of Industrial Realtors
and the Philadelphia Board of Realtors. He has
been published on the topic of federal taxation in the
Pennsylvania Law Review, the Tax Counselor's Quarterly
and the New York University Tax Institute Proceedings.
Tanenbaum currently serves as treasurer of the Likoff
Cardiovascular Institute of Hahneman Hospital and is a
member of the Pennsylvania Diabetic Task Force.
Additionally, he is director of the Atlantic City Racing
Tanenbaum and his wife Roberta are the parents of four
children, two sons and two daughters. The family
resides in Bryn Mawr, PA.
Along with Ron Blanding in Denver and John Bassett in
Tampa, Tanenbaum was a strong champion for the concept
of spring football, believing that the USFL was viable
under David Dixon's original plan for the league.
As the league evolved and the forces of fall took root,
Tanenbaum became less enchanted with his team despite
winning back-to-back USFL titles in 1984 and 1985, and
after the team's relocation to Baltimore (where there
was no competition from the NFL), Tanenbaum became an
advocate of playing in the fall.
In the interim between the 1985 and 1986 seasons,
Tanenbaum sold the Stars, refocusing his efforts on his
business interests. Today he is retired and lives
in the Philadelphia area, but remains active in local