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, 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. –


06/05/17
...and Schrager acquired the Chrystie Street site from Rubin Schron in 2012, paying $50 million. Schron won the rights from the city to bring a high-rise...

05/18/17
...Rubin Schron, rendering of 532 Neptune Avenue and Charlie Avolio Cammeby's International Group has tapped Suffolk Construction...

05/11/17
...Rubin Schron and a rendering of 614 Sheepshead Bay Road UPDATED, May 11, 1:30 p.m.: Bank Leumi extended...

03/23/17
...Rubin Schron and 626 Sheepshead Bay Road Rendering (Credit: S9 Architecture via CO) Discount clothing chain DII...

12/27/16
...Earlier this year, the Fruchthandlers and frequent partner Rubin Schron sold a Long Island City warehouse at 24-02 49th Avenue for $195 million. The buyers...

12/02/16
...to buy the building from a partnership of Rubin Schron’s Cammeby’s International, Eli Fruchthandler and Bruce Federman for $161 million, as The Real...

11/18/16
...Rubin Schron and rendering of 532 Neptune Avenue (credit: S9 Architecture) Rubin Schron's Cammeby's International has released...

09/01/16
...credit: SLCE) (inset from top: Kate Cucco and Rubin Schron) A local politician urged Cammeby’s International Group to talk to local residents about...

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

07/21/16
...new owners purchased 24-02 49th Avenue from investors Rubin Schron’s Cammeby’s International  and the Fruchthandler family, the Commercial Observer reported. The deal...

06/01/16
...in Murray Hill, which is now majority-owned by Rubin Schron...

05/02/16
...From left: Rubin Schron and DII at Trump Village Rubin Schron's Cammeby's International is destroying a discount store...

04/28/16
...Sherwood decided in favor of real estate titan Rubin Schron when he sued partners intent on preventing him from exercising an option to sell...

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

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

03/04/16
...in Brooklyn. The sellers -- a partnership including Rubin Schron’s Cammeby’s International, Eli Fruchthandler and Bruce Federman -- had been declining to...

02/16/16
...by Steve Witkoff, and Cammeby’s, led by Rubin Schron, sold the top 30 floors of the iconic Lower Manhattan tower to an investment group...

01/28/16
...part of the building could surpass Rybak's project. Rubin Schron...

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

12/31/15
...M. Stern, 11 Madison Avenue, Brian Chesky, One57 and Rubin Schron. Middle from left: A map of Airbnb listings, Jonathan Gray, 220 Central Park South, The...

12/24/15
...will soon land in Coney Island. In January, Rubin Schron’s Cammeby’s International filed plans for a 544-unit tower that dedicate 513,850 square feet...

12/23/15
...the original borrowers — a group of investors led Rubin Schron and Abraham Fruchthandler — defaulted in 2011. In 2013, a new entity assumed the debt, with sponsorship...

11/24/15
...the property in favor of taking it public. Rubin Schron...

11/23/15
...The largest single permit (by units) was for Rubin Schron’s Cammeby’s International and its 544-unit tower in Coney Island, one of the...

11/17/15
...last year. In 2012, Alchemy paid Steven Witkoff and Rubin Schron $68 million to buy the top 30 floors of the historic building, at 233 Broadway, and has...
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...

12/31/15
...M. Stern, 11 Madison Avenue, Brian Chesky, One57 and Rubin Schron. Middle from left: A map of Airbnb listings, Jonathan Gray, 220 Central Park South, The...

12/24/15
...will soon land in Coney Island. In January, Rubin Schron’s Cammeby’s International filed plans for a 544-unit tower that dedicate 513,850 square feet...
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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