Simon Dushinsky (born 1972) is an American real estate developer who co-owns the New York City-based Rabsky Group with his partner,
Isaac Rabinowitz.
Biography
Dushinsky was born and raised in Israel and belongs to the
Vizhnitz Hasidic Jewish community in
Williamsburg, Brooklyn
Williamsburg is a neighborhood in the New York City borough of Brooklyn, bordered by Greenpoint to the north; Bedford–Stuyvesant to the south; Bushwick and East Williamsburg to the east; and the East River to the west. As of the 2020 Unit ...
.
[The Real Deal: "The Rabsky riddle - Firm head Simon Dushinsky is building more Brooklyn apartments than almost anyone, but public sightings are still rare" by Mark Maurer]
May 01, 2015
Dushinsky co-founded The Rabsky Group with Isaac Rabinowitz in the early 1990s and focused on developing
condominium
A condominium (or condo for short) is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex ...
s for the Hasidic community. In 2002, he completed his first major development, a $40 million, six-building Park Plaza condo complex for Hasidic residents.
In 2007, The Rabsky Group purchased a 50 percent stake in six industrial buildings owned by the Chetrit Group (founded by
Joseph Chetrit
Joseph Chetrit is an American real estate investor and developer and founder of the Chetrit Group.
Early life
Chetrit was born to a Jewish family in Morocco to Simon and Alice Chetrit.Tom Acitelli"Joseph Chetrit, the Most Mysterious Big Shot ...
) for $4 million.
His firm lead the redevelopment of the buildings due to their familiarity with the neighborhood.
As of 2015, his firm is working on several large projects in New York City including a 500-unit
Bushwick
Bushwick is a neighborhood in the northern part of the New York City borough of Brooklyn. It is bounded by the neighborhood of Ridgewood, Queens, to the northeast; Williamsburg to the northwest; East New York and the cemeteries of Highland Pa ...
rental building which is part of the Rheingold Brewery redevelopment with 200 affordable housing units. a 777-unit rental building in
Bedford-Stuyvesant on the former Pfizer Corporation site;
and a 44-story, 400-unit residential rental building in
Long Island City, Queens
Long Island City (LIC) is a residential and commercial neighborhood on the extreme western tip of Queens, a borough in New York City. It is bordered by Astoria to the north; the East River to the west; New Calvary Cemetery in Sunnyside to the ...
. In 2015 - in his first non-residential venture - he is partnering with
Toby Moskovits
Toby is a popular, usually male, name in many English speaking countries. The name is from the Middle English vernacular form of Tobias. Tobias itself is the Greek transliteration of the Hebrew טוביה ''Toviah'', which translates to ''Good i ...
’ Heritage Equity Partners to build a 400,000-square-foot office building in Williamsburg.
Dushinsky is currently focused on attracting young renters to
Bushwick, Brooklyn
Bushwick is a neighborhood in the northern part of the New York City borough of Brooklyn. It is bounded by the neighborhood of Ridgewood, Queens, to the northeast; Williamsburg to the northwest; East New York and the cemeteries of Highland Pa ...
which he sees as the next development hotspot.
Along with fellow Hasidic developers
Joseph Brunner
Joseph is a common male given name, derived from the Hebrew Yosef (יוֹסֵף). "Joseph" is used, along with "Josef", mostly in English, French and partially German languages. This spelling is also found as a variant in the languages of the mo ...
,
Isaac Hager
Isaac Hager is an American real estate developer who founded the New York City-based Cornell Realty Management.
Biography
Isaac "Itzy" Hager was born in the 1970s and belongs to the Vizhnitz Hasidic Jewish community based in Williamsburg, Brook ...
,
Yoel Goldman
Yoel Goldman (born 1980) is an American real estate developer who founded the Brooklyn, New York-based development company, All Year Management.
Biography
Goldman was born to a Hasidic Jewish family into the Satmar dynasty , and
Joel Schreiber
Joel Schreiber is a British-born American real estate developer, investor, and founder of Waterbridge Capital.
Biography
Schreiber was born to a Hasidic Jewish family in London. He moved to New York City and in 2000 - with the help of his famil ...
he is one of the most prominent developers in
Brooklyn
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York (state), New York. Kings County is the most populous Administrative divisions of New York (state)#County, county in the State of New York, ...
credited with helping to gentrify
Williamsburg,
Bushwick
Bushwick is a neighborhood in the northern part of the New York City borough of Brooklyn. It is bounded by the neighborhood of Ridgewood, Queens, to the northeast; Williamsburg to the northwest; East New York and the cemeteries of Highland Pa ...
,
Greenpoint,
Borough Park, and
Bedford-Stuyvesant.
Personal life
Dushinsky is known for being very private and modest.
He is married with seven children.
He has made political donations to the campaigns of
Melinda Katz
Melinda R. Katz (born August 29, 1965) is an American attorney and politician from New York City, serving as District Attorney of Queens since January 1, 2020. A Democrat, she previously served as the Queens Borough President. Katz was also a ...
,
David Yassky, and former City Council Speaker
Gifford Miller
Alan Gifford Miller (born November 6, 1969) is the former Speaker of the New York City Council who represented the 5th district. Barred from seeking reelection due to term limits, the Democrat ran unsuccessfully in the Democratic primary for ...
.
References
{{DEFAULTSORT:Dushinsky, Simon
American real estate businesspeople
Businesspeople from New York City
Israeli emigrants to the United States
Israeli Orthodox Jews
American Orthodox Jews
Vizhnitz (Hasidic dynasty) members
1972 births
Living people
People from Williamsburg, Brooklyn