Samuel Rudin

Samuel Rudin (1896–1975)[1] was a New York real estate developer and founder of the Rudin Management Company and patriarch of the Rudin family.

Samuel Rudin
Born1896
Died1975 (aged 78–79)
NationalityUnited States
Occupationreal estate developer
Known forfounder of Rudin Management Company
Spouse(s)May Cohen
ChildrenJack Rudin
Lewis Rudin
Parent(s)Louis Rudinsky
FamilyEdward Rudin (brother)
Henry Rudin (brother)
Nathan Rudin (brother)
Beth Rudin DeWoody (granddaughter)

Biography

Rudin was the son of Lithuanian Jewish immigrant Louis Rudinsky, who operated a dry goods store on the Lower East Side.[2] His father made his first real estate purchase in 1905 when he bought a four-story brownstone on 153 East 54th Street.[2] He commanded his sons to never sell the property and to try and purchase all the buildings surrounding it.[3] Samuel Rudin followed his father's edict, and he, along with his brothers, Edward, Henry, and Nathan, purchased most of the surrounding buildings.[4] They continued to add buildings to their portfolio, and in 1925, they founded the Rudin Management Company to handle the management and leasing side of the business.[3] In the 1950s and 1960s, the Rudin family was one of the most prolific builders of skyscrapers in Manhattan.[5] In 1975, his sons Jack and Lewis took over the company.[6] In 1990, fifteen years after his death, the Rudin Management portfolio was valued at $1.5 billion.[7]

Personal life and death

In 1923, he married May Cohen.[7] They had two children, Jack and Lewis, who took over the family business.[7] Rudin died in 1975.[7] His will established the Samuel and May Rudin Foundation,[7] which focuses on education, social and religious welfare agencies, hospitals, museums, and the performing arts, primarily in Manhattan, where most of the Rudin portfolio was located.[7]

Rudin was an avid long-distance runner,[8] and his family continues to be a major sponsor of the New York City marathon.[9]

gollark: Anyway, I have various "books" like some of qntm/Sam Hughes' work, Unsong, Ender's Game, one of the Expanse ones, that sort of thing.
gollark: People would complain that I'm "literally doing piracy" and "might as well buy a large boat and attack ships at sea".
gollark: There would be obvious intellectual property issues if I let random people have access to my stuff.
gollark: Specifically the bottom half
gollark: You mortals may only look upon the "about" page.

References
  1. New York City Parks: "The Immigrants" retrieved May 30, 2014
  2. New York Sun: "Old-Line Landlords Decide Now Is the Time To Sell" by MICHAEL STOLER July 7, 2005
  3. Rudin Management Website: "About Us" retrieved May 30, 2014
  4. New York Sun: "'New York Is a Safe Harbor for Investing, It's a City on the Rise'" By PRANAY GUPTE March 4, 2005
  5. The Real Deal: "Ranking NYC’s real estate dynasties - TRD breaks down the portfolios and profits of the industry's major families" By Adam Pincus October 01, 2013
  6. Real Estate weekly: "Great real estate families" August 20, 2005
  7. New York Times: "May Rudin, 95, a Philanthropist And New York Real-Estate Owner" By WOLFGANG SAXON July 24, 1992
  8. New York Road Runners: "Rudin Family, Boston Honored at NYC Finish Line" by Kristine Smith October 30, 2013
  9. National Medical Fellowships: "NMF Humanitarian Award - Jack Rudin" Archived 2014-05-31 at the Wayback Machine 2013
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