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Billionaire Reuben brothers are reshaping the NYC real estate map

by capitalizefinancial
May 4, 2021
in Sports
0
Billionaire Reuben brothers are reshaping the NYC real estate map

The Reuben brothers aren’t yet widely known in New York real estate circles, but soon they will be.

Simon and David Reuben — a pair of UK-based billionaires who were born in India to Iraqi Jews and immigrated to London when they were teenagers — have been quietly scooping up properties across New York City during the pandemic as they amass one of the world’s biggest real-estate portfolios.

In December, the siblings paid $150 million to buy the bankrupt the Surrey Hotel — a 95-year-old icon of the Upper East Side that housed celebrity chef Daniel Boulud’s Café Boulud. In May 2020, they paid SL Green $170 million for the retail condo at 609 Fifth Ave. across the street from Saks

 

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