disclosure, Ladder Capital lent $275 million to Donald Trump in mortgages and between $110 million and $150 million is still owed, of which $50 million is from the 2012 mortgage on Trump Tower. In 2021, his super PAC, Common Sense NYC spent $550,000 to oppose eight progressive Democrats in New York City's 2021 City Council election. They succeeded in helping defeat six of the eight Democrats. Honors and awards Ross has received numerous honors for his business, civic, and philanthropic activities. He was named the third Most Powerful Person in New York Real Estate by the New York Observer, Multi-Family Property Executive of the Year by Commercial Property News, and Housing Person of the Year by the National Housing Conference. Personal life Ross has two children from his first marriage. In April 2021, it was made public that he was divorcing his second wife, Kara (née Gaffney) Ross, after 18 years of marriage. He has two stepchildren with Gaffney. Ross resides in Southampton, New York. Besides his home in the Deutsche Bank Center in Manhattan, Ross also owns an 11,000 square foot oceanfront mansion in Palm Beach named "The Reef". References External links Stephen M. Ross – Chairman Of The Board Anatomy of a deal: Inside Related/Oxford's unusual financing of Hudson Yards 1940 births Living people 20th-century American businesspeople 21st-century American businesspeople American billionaires American chairpersons of corporations American company founders American marketing businesspeople American political fundraisers American real estate businesspeople American sports businesspeople Bear Stearns people Businesspeople from New York City Giving Pledgers 21st-century philanthropists Jewish American philanthropists Jewish American sportspeople Miami Beach Senior High School alumni Miami Dolphins owners Michigan lawyers Michigan Republicans New York (state) Republicans New York University School of Law alumni Patrons of schools Businesspeople from Detroit People from Manhattan Philanthropists from New York (state) Real estate company founders Ross School of Business alumni Solomon R. Guggenheim Foundation University of Florida alumni Wayne State University Law School alumni Mumford High School alumni People from Southampton (town), New York University of Michigan alumni