Rubin Schron | The Real Deal New York

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Rubin Schron

Founder
Cammeby's International
45 Broadway
New York, NY
(212) 514-5968
Rubin Schron
Rubin Schron, who goes by Ruby, is a New York City real estate investor, landlord and the founder of Cammeby’'s International Group. He owns property worth over $10 billion, according to data company Real Capital Analytics. The portfolio of Cammeby’'s, which Schron founded in 1967, includes office buildings, market-rate and government-subsidized apartment complexes, nursing homes, the 16-building complex in Sunset Park now known as Industry City, a stake in the bottom half of Woolworth Building and industrial properties scattered across Long Island. In 2013, Schron made an unsolicited and unsuccessful offer to buy the Empire State Building for $2 billion, but the man has not had problems closing many other deals throughout his long career. In 2003, an investment group led by Schron paid $600 million for a portfolio of about 6,000 outer-borough apartments from the family of Donald Trump. Other buildings he owns include the Monterey, a 521-unit rental multifamily building on Manhattan’'s Upper East Side; over the decades, Schron has also amassed a portfolio of Mitchell-Lama apartment buildings whose values have skyrocketed after reverting to market rate when government subsidies expired. In 2007, he sold nearly 4,000 units of former Mitchell-Lama properties in five complexes in Harlem and on Roosevelt Island for $940 million. Schron practices Orthodox Judaism and has eight children and 50 grandchildren. He and his family have lived in the same single-family home in Brooklyn for decades. Schron grew up on the Lower East Side of Manhattan. –
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kiKy810t copy
09/01/16
...Neptune Avenue (credit: SLCE) (inset from top: Kate Cucco and Rubin Schron) A local politician urged Cammeby’s International Group to talk...

feature
08/16/16
...Rendering of 626 Sheepshead Bay Road (credit: S9 Architecture) (inset: Rubin Schron) Rubin Schron’s Cammeby’s International on Tuesday unveiled the...

feat
07/21/16
Westbrook Partners and Andrew Chung’s Innovo Property Group scored a $136 million acquisition loan from ACORE Capital to buy a Long Island City warehouse for...

Joseph Jeff Sutton
06/01/16
The apple doesn’t fall far from the tree, although sometimes not exactly under it. ...

schron feature
05/02/16
...From left: Rubin Schron and DII at Trump Village Rubin Schron...

Judge Carlos Ramones thumb
04/28/16
From the April issue: This month, The Real Deal profiled six of the nine judges on the Supreme Court’s Commercial Division bench — focusing on...

Peter
04/08/16
...East 36th Street in Murray Hill (inset: Rubin Schron) Ruby Schron’s Cammeby’s International is adding to its...

Ruby Schron
03/28/16
...-square-foot property at 23-02 49th Avenue for $195 million from investors Rubin Schron...

Westbrook 47 Hall FB
03/04/16
UPDATED, 1:14 p.m., March 7: Westbrook Partners and RXR Realty closed on the purchase of 47 Hall Street, a 550,000-square-foot property just south of the Brooklyn...

Woolworth ft
02/16/16
The New York City Law Department is slated to take 32,000 square feet of office space at the iconic Woolworth Building in the Financial District,...

rybak-dev
01/28/16
Rybak Development & Construction is planning what, for now, would be the most expensive condo development ever in Sheepshead Bay. Tags: avalonbay, muss development, sheepshead...

01/12/16
...largest Brooklyn building filed in 2015 was in Coney Island, from Rubin Schron...

The-Real-Deal-2015
12/31/15
...Robert A.M. Stern, 11 Madison Avenue, Brian Chesky, One57 and Rubin Schron. Middle from left: A map of Airbnb listings, Jonathan Gray...

biggest projectes feature
12/24/15
Though new Manhattan developments were the heaviest hitters in terms of size this year, the outer boroughs more than held their own. Tags: Hudson Yards, One...

Industry City Rob Verrone Michael Phillips thumb
12/23/15
The Bank of China and SL Green increased their loan for the massive Sunset Park complex Industry City to $403 million, up from $220 million,...

Anthony Malkin
11/24/15
An appeals court panel on Tuesday upheld a $55 million settlement struck between Anthony Malkin’s Malkin Holdings and former investors in the Empire State Building — a...

416-420-Kent-Avenue-Williamsburg
11/23/15
UPDATED, 5:36 p.m., NOV 23: In May, the Department of Buildings began issuing an unusually high number of construction permits, stamping hundreds of plans that...

jp forbes fb
11/17/15
Alchemy Properties has lost one of its top sales executives at a crucial time for its most important project. JP Forbes, the veteran new development...

Westbrook 47 Hall FB
11/09/15
UPDATED, 2:09 p.m., Nov. 13: Westbrook Partners and RXR Realty are in contract to buy a half-million-square-foot commercial property near the Brooklyn Navy Yard for more...

626-sheepshead-bay-road ft
10/27/15
...of 626 Sheepshead Bay Road in Coney Island (credit: S9) (inset: Rubin Schron) Renderings and additional details are out for Rubin Schron's mixed-use...

Industry city-
10/26/15
UPDATED, 10:30 a.m., Oct. 27: The Bank of China and SL Green Realty are lending $220 million to the Industry City megadevelopment in Sunset Park in a...

Ruby-Eli-2
10/07/15
...estate folk talk about “old-school investors,” they’re often picturing Rubin Schron. Starting Cammeby’s in 1967 with a handful of Bronx properties...

A rendering of 10 Montieth Street (credit: ODA New York)
10/05/15
After reaching a median rent of more than $3,000, you might think Brooklyn’s soaring housing market is showing no sign of an impending slowdown. While it’s true that developers...

Jason Meister
10/01/15
Avison Young’s Jason Meister has jumped ship to joined Ackman-Ziff Real Estate Group’s boutique investment sales team. Meister, who was named one of The Real Deal’s...

Einstein College ft
09/22/15
The merger that saw Bronx-based Montefiore Medical Center assume operational control over Yeshiva University’s Albert Einstein College of Medicine is worth roughly $209 million, according...
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Brooklyn, 11232
1-10 BUSH TERMINAL OW
882 Third Avenue in Brooklyn’s Sunset Park neighborhood is a waterfront industrial complex...
Brooklyn, 11224
Cammeby'S International Group, 450 NEPTUNE ASSOCIATES, LLC
532 Neptune Avenue is a planned mixed-use skyscraper in Coney Island, Brooklyn. Upon...

The-Real-Deal-2015
12/31/15
New York City has, for quite some time, been the world’s most dynamic and high-stakes real estate market. But 2015 pushed all the elements that...

biggest projectes feature
12/24/15
Though new Manhattan developments were the heaviest hitters in terms of size this year, the outer boroughs more than held their own. Tags: Hudson Yards, One...
Brooklyn, 11224
Cammeby'S International Group, 450 NEPTUNE ASSOCIATES, LLC
532 Neptune Avenue is a planned mixed-use skyscraper in Coney Island, Brooklyn. Upon...
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