Lewis Rudin

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Lewis Rudin
Born(1927-04-04)April 4, 1927
DiedSeptember 20, 2001(2001-09-20) (aged 74)
Manhattan, New York
NationalityUnited States
OccupationReal estate investor and developer
Spouse(s)Gladyce Largever (divorced)
Rachel Rudin
Childrenwith Largever:
--Beth Rudin DeWoody
--William Rudin
Parent(s)May Cohen
Samuel Rudin
FamilyJack Rudin (brother)
AwardsBronze Medallion

Lewis Rudin (April 4, 1927 – September 20, 2001) was an American real estate investor and developer. Along with his older brother Jack Rudin, he presided over a family empire of 40 buildings valued at $2bn including more than 3,500 apartments in 22 buildings in New York City.[1][2] Rudin was a founder of NADAP, a private nonprofit social services organization that serves residents in need of the New York City metropolitan area. Rudin also contributed to efforts to rescue New York City from imminent bankruptcy during the 1975 New York City fiscal crisis.[3]

Biography[edit]

Born to a Jewish family in The Bronx to May (née Cohen) and Samuel Rudin,[4] he graduated from DeWitt Clinton High School in 1944, and the New York University School of Commerce after serving as a sergeant in the Army during World War II. Along with his brother he joined the family real estate holding, Rudin Management Company, which had been founded by his grandfather Louis Rudinsky, a Polish-Jewish immigrant, who initially worked as a grocer [5] before establishing the family's real estate business in the 1920s. In the 1950s and 1960s, the Rudin family was one of the most prolific builders of skyscrapers in Manhattan.[6] In 1975, after the death of his father, Lewis and his brother Jack took over the family company.[7] Jack focused on construction and operations while Lewis focused on financing and marketing.[8] In 1990, the Rudin Management portfolio was valued at $1.5 billion.[9]

The Rudin Center for Transportation Policy & Management is named in his honor.

Personal life[edit]

Rudin was married twice. His first wife was Gladyce Largever.[10][11] They had two children, Beth Rudin DeWoody (b. 1952) and William Rudin.[1] His ex-wife Gladys remarried to film executive David Begelman.[12] His second wife was Rachel Rudin.[1]

References[edit]

  1. ^ a b c "Lewis Rudin, Head of Real Estate Family and a Frequent City Fiscal Savior, Dies at 74". New York Times. September 21, 2001.
  2. ^ "The Real-Estate Royals. End of the Line?". New York Times. August 10, 1997.
  3. ^ "The Lew Rudin Way", documentary on CUNY's TV channel 75, 7/4/2016, 3:00PM
  4. ^ "May Rudin, 95, a Philanthropist And New York Real-Estate Owner". New York Times. July 24, 1992.
  5. ^ "Lewis Rudin head of real estate family and a requent city fiscal savior". Retrieved 2015-04-23. CS1 maint: discouraged parameter (link)
  6. ^ The Real Deal: "Ranking NYC’s real estate dynasties - TRD breaks down the portfolios and profits of the industry's major families" By Adam Pincus October 01, 2013
  7. ^ Real Estate weekly: "Great real estate families" August 20, 2005
  8. ^ Wall Street Journal: "How One Family Passes It On, and On...The Rudins' Real Estate Empire Spans Generations" By Sarah Rose April 6, 2014
  9. ^ New York Times: "May Rudin, 95, a Philanthropist And New York Real-Estate Owner" By WOLFGANG SAXON July 24, 1992
  10. ^ New York Times: "Gladyce Largever Begelman, Author and Party Consultant" June 30, 1986
  11. ^ New York Times: "Paid Notice: Deaths LARGEVER, IDA (HAIMOWITZ)" August 8, 1997
  12. ^ Los Angeles Times: "Wife Of Film Exec Begelman" June 29, 1986

Further reading[edit]