The family first got into New York real estate when Rudin’s grandfather, Louis Rudinsky, a Polish immigrant, bought a building at 153 E. 54th St. in 1905. Today, it remains in the family’s portfolio along with several surrounding properties. Samuel Rudin and his brothers created Rudin Management in the early 1920s and turned it over to their sons in the 1970s, according to the firm’s website.
Jack Rudin oversaw the construction and design of many commercial and residential buildings including 345 Park Ave., 1 Battery Park Plaza and 3 Times Square. The company has more than 800 employees.
In the 1970s, he was one of a group of real estate executives who rallied theirindustry to prepay their property taxes to help the city avoid bankruptcy.
Marathon Backers
Rudin’s philanthropy included sponsorship, with his brother, of the New York City Marathon, which named its trophy after Samuel Rudin, a long-distance runner. In the 1970s, the Rudin family helped move the race out of Central Park and onto the streets of the five boroughs that constitute New York City.
The marathon “doesn’t sell space or apartments,” Rudin told New York magazine in 1982. “It’s just a great civic event. It’s just goodwill.”
In addition to his son, survivors include his wife, Susan; two daughters, Madeleine Rudin Johnson and Katherine Rudin; and stepchildren, Inda Schaenen and Eve Schaenen. His first wife, Roberta, died in 1983.
This article was provided by Bloomberg News.