Rudin sees market picking up

The New York Times interviews William Rudin, president of Rudin Management Company, about the current real estate market. Rudin said he is seeing much more activity now than in the last quarter of 2008 or the first quarter of this year for both commercial and residential leases. He has signed more than 30 leases in the last 30 days for residential properties, he said. Commercially, the company has had some success with creating and leasing prebuilt offices at 355 Lexington Avenue. The Rudin Organization also doesn’t have much debt in its portfolio because it did a lot of refinancing in 2006, 2007 and 2008, Rudin said.