The Real Deal Miami

Developer Richard Ruben buys luxury condo in Surfside

Ruben heads New York-based Ruben Companies
By Amanda Rabines | April 06, 2018 12:30PM

Four Seasons Private Residences at The Surf Club and Richard Ruben

New York real estate developer Richard Ruben just picked up a luxury condo in Surfside.

Property records show Ruben, who heads the New York City-based real estate investment and development firm, Ruben Companies, just paid $5.82 million for unit 1009 in the south tower of the Four Seasons Private Residences at The Surf Club.

Ruben bought the two-bedroom, 2,600-square-foot condo through the company Second Beach LLC. It sold for about $2,245 per square foot.

Ruben’s company develops properties in New York, Washington, D.C. and Boston, and is behind projects such as 600 Madison Avenue and One Exeter Plaza in Boston, and 1700 Broadway in Midtown Manhattan.

At the Four Seasons, he joins New York real estate developer Howard Swarzman, who in November paid more than $10 million for a unit in the condo project’s north tower. Swarzman is the grandson of the late billionaire developer Leonard Litwin.

Fort Partners completed the development in 2016. It includes a 77-room hotel and two 12-story residential towers. Units range from $3.7 million to $31 million, and from 1,800 square feet to more than 7,000 square feet. Residents at the Surf Club have access to a private club, two restaurants, four swimming pools, cabanas, a gym and oceanside gardens.

Architect Kobi Karp worked with Pritzker Prize-winning architect Richard Meier on the project. Meier recently took a six-month leave after multiple women accused him of sexual harassment.