James Brady Passes Away at 85


James Brady | Water Hay Oats Alliance

James C. Brady, a longtime Thoroughbred owner and breeder and officer of The Jockey Club, passed away at his home in Bedminster, N.J., Thursday, Oct. 22. He was 85.

On behalf of his brother, Nicholas Brady, a former chairman of The Jockey Club, U.S. Senator, and Treasury Secretary, and sisters Lisa Richards and Eliot Stewart, Brady managed Mill House Racing Stable, which raced prominent runners America Alive (American Chance), Brilliant (War Chant), Trappe Shot (Tapit), and Rattlesnake Bridge (Tapit).

Born in New York, N.Y., to parents James C. and Eliot (nee Chace) Brady, he attended St. Paul's School in Concord, N.H., and Yale University in New Haven, Conn., where he played varsity ice hockey. Brady served as general partner of Mill House Associates, successor to Brady Security & Realty Corporation and he began work at Bankers Trust Company in 1957, resigning to take a position in New Jersey Governor William T. Cahill's Cabinet as commissioner of banking, where he helped plan the development of the Meadowlands Sports Complex, including Giants Stadium and the Meadowlands Racetrack.

In 1983, Brady was appointed secretary-treasurer of The Jockey Club, joining newly elected chairman Ogden Mills Phipps and vice chairman William S. Farish. The trio led a three-decade period of growth of The Jockey Club, establishing new commercial business, including Equibase Company and several technology-based service and data businesses. Proceeds from the commercial subsidiaries fueled increasing investments in the marketing of Thoroughbred racing and research and advocacy for improved safety and integrity of the sport. Brady's nephew, Ian Highet, succeeded him as secretary-treasurer of The Jockey Club in 2010, and Brady remained on the board of stewards until 2013.

The Brady family has been involved in Thoroughbred racing for more than 100 years, beginning with Brady's grandfather, financier James Cox Brady, who developed the 5,000-acre Hamilton Farms in New Jersey and bred and raced the champion War Feathers. Brady's father, also James Cox Brady, was a steward of The Jockey Club and bred and raced 16 stakes winners, including Classic winners in England and Ireland, in addition to a champion in America. He was chairman of the New York Racing Association for eight years, during which Belmont Park was built, and also a founding director of the Monmouth Park Jockey Club.

He is survived by his wife of 63 years, Joan Babcock Brady; his siblings; son James C. Brady III and his wife, Anne Lusk Brady; daughter Joan “Nonie” Brady and her husband, Wilhelm Merck; and daughter Kerry Chace Brady and her partner, Brock Dolman. He had two granddaughters, Audrey Slade Brady and Millicent McKay Brady.

A private family funeral was held [Saturday, Oct. 24] at St. Brigid's Church in Peapack, N.J. A memorial service celebrating his life is to be held in the spring of 2021. In lieu of flowers, donations in Brady's memory may be made to LifeCamp, a summer camp for inner city youth, long supported by the Brady family.

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