New York – Rift Shines Light on a Brooklyn Real-Estate Mogul

    15

    Brooklyn real-estate mogul Rubin SchronNew York – Brooklyn real-estate mogul Rubin Schron is fighting his former lawyer for control of a national nursing-home company in a battle that pits one of the city’s largest and most secretive landlords against an attorney who was a trusted adviser and business partner for years.

    Join our WhatsApp group

    Subscribe to our Daily Roundup Email


    The dispute shines a rare spotlight on Mr. Schron, 72 years old, who has largely avoided the public eye despite building up an empire of skyscrapers, warehouses and apartment complexes worth billions of dollars.

    The former Bell Laboratories complex in Holmdel Township, N.J. A company in which Mr. Schron is a partner is the contract buyer of the property.
    His holdings include the Woolworth Building downtown, once the world’s tallest; tens of thousands of apartment units in Brooklyn, Staten Island, and Queens, including a portfolio acquired from the family of Donald Trump; and millions of square feet of industrial space on the Brooklyn waterfront.

    The focal point of the fight is SavaSeniorCare, an Atlanta-based nursing-home chain with 18,000 patients and 20,000 employees that Mr. Schron says he has the right to buy for $100 million—far less than what it’s worth—from his former lawyer, Leonard Grunstein, and a banker, Murray Forman.

    Mr. Grunstein insists the option isn’t valid.

    Continue reading at The Wall Street Journal


    Listen to the VINnews podcast on:

    iTunes | Spotify | Google Podcasts | Stitcher | Podbean | Amazon

    Follow VINnews for Breaking News Updates


    Connect with VINnews

    Join our WhatsApp group


    15 Comments
    Most Voted
    Newest Oldest
    Inline Feedbacks
    View all comments
    13 years ago

    Wow I never realized that chreidim with no collage degree can make it.

    sasregener
    sasregener
    13 years ago

    One of the most unassuming people i have ever known. He is the epitome of Hatznei Leches

    yeshivishereids
    yeshivishereids
    13 years ago

    Ruby is one of the biggest Ba’alei tzedaka of our generation, impeccably honest and as metioned, completely unassuming.

    yeshivishereids
    yeshivishereids
    13 years ago

    I’m pretty sure #1 was being sarcastic.

    BellaB
    BellaB
    13 years ago

    i know him since i was a kid, i don’t know both sides of the argument, but i’m sure he’s right. one of the most honest men in the world

    flatbushmm
    flatbushmm
    13 years ago

    I think it comes to a point where a man has so much money, he should just stop pushing for more (yeh i know him personally & he IS a great baal tzdakah..) just think…it would take a person over 53 YEARS to count to a billion!

    shredready
    shredready
    13 years ago

    Anonymous Says:

    Wow I never realized that chreidim with no collage degree can make it.

    and your point is, that college is useless?

    take the national average that people with a college degree earn more than people who do not have one.

    One or a few who do not fit that statistic does not change the fact . people with college degree make money money most of the times.

    Maybe you should go to college and take a course in statistics or logic and you will learn something

    Kanyeshna
    Kanyeshna
    13 years ago

    The days of starting off in the mailroom and becoming the president of the company are long over.

    Today, if one does not have a college degree, one better be part of a union, or have a relative in the business, because otherwise one will end up operating Moshe’s kosher falafel at Hanover Square, being a bike messenger, or hoping for an opening as a cashier at B&H.

    Today, college is the entry level degree in the business world.

    Unless, of course, one plans to schnorr off the the government, asking everyone else who works for a living to pay for your 10 kids.

    If you are like that, you need to vote Democrat, as their methods of operation involve bribing their supporters with tax dollars of those who work.

    shredready
    shredready
    13 years ago

    #11
    Maybe you should take an English course in grade school.

    It seems the basic English education you got was as good as your “legal” education!

    Maybe I should but that is not the point of the story or my comment. The point I simply made is that if one has a college degree there is a much greater chance of earning more money than if one does not have a degree. Showing one or a few that does not fit that rule, does not prove that is wrong, it means just that it is not 100% true.

    Instead of only criticizing me, simply show that the vast majority of people who have no college degree earn as much or more that people who have a degree and then you have a point .

    In addition, since you are so clever plexus show me where I mention anything that would need a law degree.

    PS it is an old tactic and many people use it when they cannot intelligently discuss an issue or refute someone elses argument. They just attack since they having nothing else to say.

    again disprove my point if you can