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Overview

Sustainability

Technology

Rudin Ventures

Overview

Sustainability and innovation have always been guiding forces for Rudin Management Company.

Long before it was fashionable, Rudin evaluated prospective properties and building sites in light of accessibility to mass transportation. In recent decades, focus has turned to both optimizing management with advanced technology and pursuing best-in-class approaches to environmental responsibility.

Sustainability

Rudin is committed to the sustainable management of its existing portfolio and construction of all new buildings.

Beginning with 3 Times Square in 2001 and with all projects since then, the family has implemented the latest and most state-of-the-art sustainability elements and practices. In 2012, 130 West 12th Street, a luxury condominium in the West Village, received Global Green USA's Sustainable Design Award and became the first residential redevelopment to achieve LEED Gold Certification. Also in 2012, the family began development of The Greenwich Lane. Located in the West Village, this luxury condominium project, which involves the renovation of five buildings with historic façades and the new construction of two buildings, has been certified as LEED Neighborhood Development Silver. The family constantly evaluates its existing portfolio and upgrades buildings systems and components with state-of-the-art, efficient equipment and technologies.


In August of 2023, the Rudin family sold 55 Broad Street to Silverstein Properties and Metro Loft Management to convert the commercial building into 571 apartment units. The family will retain an equity stake in this sustainable adaptive re-use project. The partnership is committed to maximizing sustainability through the conversion of the entire building to electric as well as using sustainable and recycled materials and environmental systems. The project is expected to achieve LEED certification. The residential building is projected to have energy usage 22% lower than the existing office building.


As New York City faces a housing shortage, this conversion will provide hundreds of apartments. The transformation will continue to enhance the mixed-use neighborhood of Lower Manhattan. The new property will include a variety of apartment sizes as well as high level hospitality, quality spaces and finishes as well as amenities to include: a private club, wellness and fitness activities, an elegant co-working space, multiple social spaces and a 45-foot-long rooftop pool with landscaped sundeck and grill area. Construction will begin in Fall 2023 and is expected to take 2 years. The family is proud to continue to be a part of the building’s latest redevelopment and remains committed to Downtown.

Technology

In 1996, the family transformed 55 Broad Street into the first fully wired office building in the world.

Called "The New York Information Technology Center," it went on to win the "Most Technologically Advanced Building Award" at the Realcomm Show in Los Angeles and established Rudin as a global thought leader in the advancement of technology within the built environment. 55 Broad is considered by many as the “grandfather” of all smart buildings and its reopening helped kick-start the renaissance of Lower Manhattan into the 24/7, live/work community it is today.

Rudin used the unique in-building wiring scheme unveiled for the first time at 55 Broad and applied it to the rest of its commercial portfolio and is a leader in providing connectivity in its buildings. Other award-winning, innovative properties Rudin created for some of New York City’s most prominent technology and media organizations include the Thomson Reuters Building at 3 Times Square and the Telecom, Media & Technology Center at 32 Avenue of the Americas. 32 Avenue of the Americas, a historic landmark and the original AT&T Long Lines Building, was reborn as one of the most important Internet buildings in the world following a $100 million repositioning. Today, it is one of the most significant global Internet hubs and acts as the lynchpin between broadband wireless and fiber-based terrestrial networks.

To operate buildings as intelligently as possible, in 2013 Rudin piloted Nantum OS, the world’s first operating system for the built environment. In 2015, the company established a wholly owned subsidiary, Prescriptive Data, to oversee the further development and sale of software applications that make real estate run more efficiently while also enhancing the tenant experience. Nantum OS has been adopted by other real estate portfolios and Prescriptive Data is partnering with global companies including Intel, Schneider Electric, Arrow, and Disruptive Technologies of Norway to deliver cutting-edge software to all real estate verticals including office, residential, hospitality, education, industrial, infrastructure, transportation, healthcare, and government.

Rudin Ventures

The Rudin family began investing in early stage technology companies and venture funds through its Rudin Ventures platform in 2015. Today, the portfolio includes 4 fund investments and 13 direct investments. The venture platform’s core focus is investing into companies ​whose technology can be used within the family’s real estate portfolio.