{"id":1004093830,"date":"2014-04-02T09:48:28","date_gmt":"2014-04-02T17:48:28","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004093830"},"modified":"2022-12-07T14:10:29","modified_gmt":"2022-12-07T22:10:29","slug":"lew-rudin-and-the-rebirth-of-new-york","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lew-rudin-and-the-rebirth-of-new-york\/","title":{"rendered":"Lew Rudin and the Rebirth of New York"},"content":{"rendered":"

By Suzann D. Silverman, Editorial Director<\/p>\n

\"Bill<\/a>

Bill Rudin<\/p><\/div>\n

\u201cThe city has to adapt. We have to change; we have to be quick on our feet. \u2026 If you don\u2019t adapt, you die.\u201d That was Bill Rudin\u2019s advice during a retrospective conversation about his father, Lew Rudin, and the legacy continued by Rudin Management and members of the Rudin family. The program took place on Tuesday morning at Baruch College in New York City and was presented by The Steven L. Newman Real Estate Institute at the college following the publication of Seymour Lachman\u2019s book Mr. New York: Lew Rudin and His Love for the City<\/em>. Bill Rudin and Lachman sat down with institute executive director Jack Nyman following comments by former New York City Mayor and Rudin associate David Dinkins and Related Cos. senior advisor Jay Kriegel.<\/p>\n

\"Seymour<\/a>

Seymour Lachman and Bill Rudin<\/p><\/div>\n

Nicknamed Mr. New York, Lew Rudin founded the Association for a Better New York in 1971 (his son now chairs it) and helped save the city from insolvency, all while developing many of its most prestigious properties. \u201cLong term, we always believed that these investments would be good,\u201d said Bill Rudin, vice chairman & CEO of Rudin Management Co., affirming the company\u2019s commitment to upgrading its existing portfolio and continuing to add properties to it. \u201cMy dad always said, \u2018Don\u2019t get involved with zoning change,\u2019 \u201c he added. \u201cI think he\u2019d be very happy to see the end result at the former St. Vincent Hospital in Greenwich Village,\u201d which has been redeveloped into 200 condominiums using no tax abatements.<\/p>\n

Bill Rudin led the redevelopment of 55 Broad St. into a technology building in the mid-1990s, an early example that became central to the development of New York\u2019s Silicon Alley and which Rudin is now considering redeveloping again. When approached with the idea of the last renovation, Lew Rudin \u201csaid \u2018Go for it\u2019 and we risked our capital when nobody knew what technology was,\u201d his son recalled.<\/p>\n

\"Seymour<\/a>

Seymour Lachman, Former Mayor David Dinkins, Jack Nyman and Bill Rudin<\/p><\/div>\n

That use of \u201cwe\u201d is central to the Rudin legacy, observed Lachman, himself a former New York state senator as well as dean of the Hugh L. Carey Institute of Government Reform at Wagner College. With Bill Rudin\u2019s two children working for the company as the fourth generation to do so, \u201cit tells you a lot about the values of the family,\u201d Lachman noted. \u201cThey don\u2019t say \u2018I,\u2019 they say \u2018the Rudin family.\u2019 \u201c<\/p>\n","protected":false},"excerpt":{"rendered":"

Bill Rudin and author\/historian Seymour Lachman discuss Lew Rudin’s legacy to New York City and the city’s future growth.<\/p>\n","protected":false},"author":755,"featured_media":1004093833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21742,10,21747],"tags":[],"class_list":["post-1004093830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-latest","category-northeast","category-office"],"acf":[],"yoast_head":"\nLew Rudin and the Rebirth of New York - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/lew-rudin-and-the-rebirth-of-new-york\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lew Rudin and the Rebirth of New York\" \/>\n<meta property=\"og:description\" content=\"Bill Rudin and author\/historian Seymour Lachman discuss Lew Rudin's legacy to New York City and the city's future growth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lew-rudin-and-the-rebirth-of-new-york\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-02T17:48:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T22:10:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/04\/Bill-Rudin_Baruch-College-033114.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Suzann D. 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