NEW MILFORD, N.J. — On October 11, the Trustees of the Hovnanian School elected Nazar Altun to serve as the school’s fourth chairman of the Board. Altun succeeds outgoing Chairman, Dr. Gregory T. Simonian.
Prior to his election, Altun served as Board Secretary and has been a trustee since 2009. Altun, an attorney, is General Counsel of Princeton Holdings LLC, a real estate investment company based in Manhattan where he works on structuring and overseeing the legal aspects of all of Princeton’s transactions. Prior to joining Princeton, Altun was an associate at Fried, Frank, Harris, Shriver & Jacobson LLP. Altun’s practice focused on litigation arising from highly complex commercial real estate transactions. He has advised clients in over $6 billion worth of real estate transactions. He also has experience in defending securities, fraud investigations, and civil action by the United States Securities and Exchange Commission.
Altun, born in Istanbul, Turkey, has lived in Los Angeles and Nicosia, Cyprus. He completed his undergraduate studies at Pitzer College (one of the Claremont Colleges). In 2004, he obtained his juris doctorate from the George Washington University Law School with honors.
He married his wife, Doreen Rusenian, a civil engineer, in 2005.
Altun devotes the majority of his philanthropic efforts to Hovnanian School. When asked what initially drew him to this school he said: “The Hovnanian School, first, and foremost, offers a world-class education in a highly nurturing environment, where children are filled with curiosity and a love of learning.” He went on to further explain, “But it can’t end there. The Hovnanian School also provides our children, through the teaching of Armenian language, literature, history and the arts, a deep pride in their Armenian identity. And finally, it instills in them a desire to give back to their community. Because of these three things, our graduates go on to the best high schools in the area, excel in their college and post-graduate studies, and become successful professionals and productive members of the Armenian community, who donate their time and money back to the Hovnanian School and to other Armenian cultural organizations. This is why I believe so much in this mission.”
The couple has two sons, Aren and Daron, who are both students at Hovnanian School.