Michael Alter is an American businessman who is the president of his own company, the Alter Group, which is as of 2005, one of the nation's ten largest commercial real estate developers.
Throughout the Alter Groupís 50-year history, they have developed nearly 100,000,000 square feet of commercial real estate. The group won the Beyond the Box: Exceptional Industrial Projects award numerous award for its development of the Thomson Learning Distribution Center.
Alter is also founder and president of City Year Chicago, which is best known for its signature program, The City Year Youth Service Corps. The goal in the program is to bring together approximately 1,000 people ranging in age from 17-24 from diverse backgrounds and put them through a full-time commitment of a year of community service, leadership development, and civic engagement where they mentor children.
Alter has a bachelor of arts degree in government from Harvard University and a law degree from the University of Chicago. He and his wife Ellen are parents of three children. They live in Winnetka, IL.
In 2005, he became the principal owner and chairman of the WNBA team: the Chicago Sky.
In 2009, Michael Alter was part of an investment team that purchased The New Republic, one of the nationís oldest political and cultural magazines.
Small-business salaries are rising from the dead. That's good news for small business employees, but it may not be great news for the overall economy. Inflation is rearing its ugly head and may soon stifle economic growth.