Charles J. Urstadt, Chairman and Director Emeritus, Dies at 91

GREENWICH, Conn.--(BUSINESS WIRE)--Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced that on March 3, 2020, Charles J. Urstadt, the Company’s former Chairman and Director, died from complications arising from a recent stroke. Mr. Urstadt was 91 years old. When he retired from the Company’s Board of Directors on December 18, 2019, Charles J. Urstadt had served more than 30 years as a director of Urstadt Biddle Properties Inc., having joined its predecessor Hubbard Real Estate Investments as a director in 1975. From 1986 to December 2018, he served as Chairman of the Board of Directors, and as Chief Executive Officer from 1989 through 2013, when Willing L. Biddle succeeded him as President and Chief Executive Officer. Under his guidance, the Company became a leading owner of neighborhood community shopping centers in the suburban New York City region.