Titan Families of Real Estate: The Rudin Family

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Paul Heydweiller

Paul Heydweiller is in the Baker Program’s Class of 2018 pursuing a development concentration. Paul interned with the Related Companies in Chicago, IL during Summer 2017, and he worked for six years for a boutique real estate valuation and advisory firm in Newport Beach, CA. Paul is a native of Rochester, NY and has an undergraduate degree in business administration from the University of Notre Dame.

Cornell’s Third Annual Titans of Real Estate event will be held at the Cipriani on 42nd Street in Manhattan on April 20th, 2018.  This year’s event, titled Titan Families of Real Estate, focuses on two real estate families from the New York City area – the Milstein family and the Rudin Family.  The Rudin family will be represented by William C. (Bill) Rudin, as well as his two children Michael Rudin and Samantha Rudin Earls.

Michael Rudin, SVP of Rudin Management Company
William C. Rudin, CEO & Co-Chairman of Rudin Management Company
Samantha Rudin Earls, SVP of Rudin Management Company

 

Rudin Management Company is now in its fourth generation of family ownership and management.  The family’s real estate ties to New York City date back to 1905 when Louis Rudinsky, a Polish immigrant and the great grandfather of Bill Rudin, bought the family’s first apartment building on East 54th Street.  Rudin Management Company was officially founded by Louis’s son Sam Rudin in 1924, and the company was passed on to Sam’s sons Lewis and Jack Rudin.  Today, Lewis’s son Bill and Jack’s son Eric run the company as CEO and President, respectively.  Bill’s two children, Michael Rudin and Samantha Rudin Earls, serve as Senior Vice Presidents of the firm as their leadership roles within the company grow.

Dock 72 in the Brooklyn Navy Yard; Source: dock72.com

Rudin Management Company’s real estate portfolio encompasses approximately 10 million square feet of office space and 20 luxury apartment buildings in the New York City area.  The company has been widely acclaimed for its integration of technology and environmentally-sustainable design in their developments.  Perhaps the most apparent examples of these principles is in the company’s development of Dock 72 at the Brooklyn Navy Yard, which will be anchored by WeWork; or the company’s redevelopment of the former St. Vincent’s Hospital into The Greenwich Lane, a state-of-the-art mixed-use project encompassing residential, retail, healthcare, and educational facilities.

The Rudin Family’s leadership in the real estate industry extends far beyond their company’s real estate development and investment practice.  Bill Rudin is one of the real estate industry’s most influential pro-business policy proponents, frequently addressing governmental groups in New York, Albany, and Washington D.C. on behalf of various organizations.  Bill currently serves as Chairman of the Real Estate Board of New York (REBNY), the Real Estate Roundtable (RER), and the Battery, and he was previously chairman and currently serves as a board member for the Association for a Better New York (ABNY), the Partnership for New York City, the Mayor’s Fund to Advance New York City, the Metropolitan Museum of Art, New York University, the Alliance for Downtown New York, the Economic Club of New York and the Alfred E. Smith Memorial Foundation.  Bill also serves on Governor Cuomo’s “Fix NYC” Advisory Panel, was appointed President of Governor Cuomo’s Empire State Relief Fund in the wake of Hurricane Sandy in 2012, and is a member of The Council on Foreign Relations and The New York City Marathon Committee.

Please join us for the Third Annual Titans of Real Estate by registering at the following link: http://www.cvent.com/events/third-annual-titans-of-real-estate-panel-discussion/event-summary-4da3e4dea7c14e029e40db66b79aa4fb.aspx

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