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 multi-family building in Manhattan’s Upper East Side and over the decades, Schron has 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 Roosevelt Island for $940 million. Schron practices Orthodox Judaism, father of eight children, and grandfather to 50 grandchildren. He lives in the single-family home in Brooklyn in which he has lived with his family for decades. Schron grew up on the Lower East Side of Manhattan. –MK
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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...

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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...

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

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

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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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09/21/15
...-square-foot warehouse in Clinton Hill owned by partners Bruce Federman, Rubin Schron...

12 0611 St Nicholas Rendering
09/15/15
...left: Rendering of 300 West 122nd Street, 111 East 115th Street and Rubin Schron 1.) The Met Food Market at 41-62 Bowne Street in Flushing...

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09/14/15
On a Friday afternoon in late August, the landscaped courtyard at one of Industry City’s “finger buildings” teemed with Brooklyn office types, tossing beanbags through IC-branded cornhole...
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12/24/15
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