"Daibes named 'Person of the Year'", Northern Valley Suburbanite (North), March 19, 2003. Accessed January 4, 2024. "In 1969, Assad and Mona Daibes came to the United States and settled in Edgewater. At the age of 12, Fred Daibes’ journey from Beirut, Lebanon had only begun. While his mother remained a homemaker, Fred’s father set about establishing Assad Y. Daibes & Sons, a construction company. Through example, he laid the foundation for fundamental human values and a strong sense of community in his children. Young Fred completed Leonia High School and went off to college; an experience soon interrupted when his beloved father became terminally ill."
nj.com
Ivers, Dan. "Lawyers: Couple charged in $2M robbery at luxury Edgewater high-rise the victims of 'inside job'", NJ Advance Media for NJ.com, December 6, 2013. Accessed January 4, 2024. "Adonis Sepulveda, 30, and Ramona Mercado-Vasquez, 26, were arrested after police found $2 million in cash, along with gold and jewelry, inside the apartment they share at the St. Moritz high-rise overlooking the Hudson River. Authorities say the cash and other items were taken from the building's owner, Fred Daibes, on Nov. 26., after four armed men barged into his apartment as he slept and beat him for nearly three hours."
Cattafi, Kristie. "Edgewater developer indicted along with Menendez in corruption scheme. Who is Fred Daibes?",The Record, September 22, 2023. Accessed January 4, 2024. "Fred Daibes, an Edgewater developer largely responsible for the 'gold coast' boom of high-rises along the Hudson River in Bergen County and a bank founder with prior legal woes, was one of five people indicted Friday in an alleged corruption scheme involving Sen. Bob Menendez and his wife. Daibes, 66, was already awaiting sentencing on Oct. 26 after he pleaded guilty to banking crimes in April 2022."
Cattafi, Kristie. "Gold bars stolen 10 years ago in 'inside job' resurface in Sen. Menendez investigation", The Record, December 6, 2023. Accessed January 4, 2024. "Two gold bars that were stolen from Daibes in 2013 were found during an FBI search of Menendez's Englewood Cliffs home and photos of two other gold bars from the 2013 robbery were also found, while Nadine Menendez gave the other two gold bars to a jeweler to sell. The four bars had serial numbers linked to the robbery at the Daibes penthouse, NBC News first reported."
Scivoli, Michael. "Local Developer Fred Daibes: A Reflection of Community", Vue New Jersey. Accessed January 4, 2024. "Daibes Enterprises’ inception was in the mid-1980s, a few short years after the passing of Daibes’ father, who formed a small masonry business with his two sons just 10 years after immigrating to the U.S. from Lebanon."
