Samuel Rudin (1896–1975) was a New York real estate developer and founder of the Rudin Management Company and patriarch of the Rudin family.
Biography
Rudin was the son of
Lithuanian Jewish
Lithuanian Jews or Litvaks () are Jews with roots in the territory of the former Grand Duchy of Lithuania (covering present-day Lithuania, Belarus, Latvia, the northeastern Suwałki and Białystok regions of Poland, as well as adjacent areas ...
immigrant Louis Rudinsky, who operated a dry goods store on the
Lower East Side
The Lower East Side, sometimes abbreviated as LES, is a historic neighborhood in the southeastern part of Manhattan in New York City. It is located roughly between the Bowery and the East River from Canal to Houston streets.
Traditionally ...
.
[New York Sun: "Old-Line Landlords Decide Now Is the Time To Sell" by MICHAEL STOLER]
July 7, 2005 His father made his first real estate purchase in 1905 when he bought a four-story brownstone on 153 East 54th Street.
He commanded his sons to never sell the property and to try and purchase all the buildings surrounding it.
retrieved May 30, 2014 Samuel Rudin followed his father's edict, and he, along with his brothers, Edward, Henry, and Nathan, purchased most of the surrounding buildings. 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.
In the 1950s and 1960s, the Rudin family was one of the most prolific builders of skyscrapers in Manhattan. In 1975, his sons Jack and Lewis took over the company. In 1990, fifteen years after his death, the Rudin Management portfolio was valued at $1.5 billion.
July 24, 1992
Personal life and death
In 1923, he married May Cohen.
They had two children, Jack and Lewis, who took over the family business.
Rudin died in 1975.
His will established the Samuel and May Rudin Foundation,
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.
Rudin was an avid long-distance runner, and his family continues to be a major sponsor of the
New York City marathon
The New York City Marathon (currently branded TCS New York City Marathon after its headline sponsor) is an annual marathon () that courses through the five boroughs of New York City. It is the largest marathon in the world, with 53,627 finishe ...
.
National Medical Fellowships: "NMF Humanitarian Award - Jack Rudin"
2013
References
{{DEFAULTSORT:Rudin, Samuel
1896 births
1975 deaths
American Jews
American real estate businesspeople
Rudin family
Businesspeople from New York City
People from Manhattan