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Simon Dushinsky
American real estate developer From Wikipedia, the free encyclopedia
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Simon Dushinsky (born 1972) is an American real estate developer who co-owns the New York City-based Rabsky Group with his partner, Isaac Rabinowitz.
Biography
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Dushinsky was born and raised in Israel and belongs to the Vizhnitz Hasidic Jewish community in Williamsburg, Brooklyn.[1] Dushinsky co-founded The Rabsky Group with Isaac Rabinowitz in the early 1990s and focused on developing condominiums for the Hasidic community. In 2002, he completed his first major development, a $40 million, six-building Park Plaza condo complex for Hasidic residents.[1] In 2007, The Rabsky Group purchased a 50 percent stake in six industrial buildings owned by the Chetrit Group (founded by Joseph Chetrit) for $4 million.[1] His firm lead the redevelopment of the buildings due to their familiarity with the neighborhood.[1] As of 2015, his firm is working on several large projects in New York City including a 500-unit Bushwick rental building which is part of the Rheingold Brewery redevelopment[2][3][4] with 200 affordable housing units.[5][6] a 777-unit rental building in Bedford-Stuyvesant on the former Pfizer Corporation site;[1][7][8] and a 44-story, 400-unit residential rental building in Long Island City, Queens. In 2015 - in his first non-residential venture - he is partnering with Toby Moskovits’ Heritage Equity Partners to build a 400,000-square-foot office building in Williamsburg.[1]
Dushinsky is currently focused on attracting young renters to Bushwick, Brooklyn which he sees as the next development hotspot.[1] Along with fellow Hasidic developers Joseph Brunner, Isaac Hager, Yoel Goldman, and Joel Schreiber he is one of the most prominent developers in Brooklyn[9][10][11] credited with helping to gentrify Williamsburg, Bushwick, Greenpoint, Borough Park, and Bedford-Stuyvesant.[10]
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Personal life
Dushinsky is known for being very private and modest.[1] He is married with six children.[1] He has made political donations to the campaigns of Melinda Katz, David Yassky, and former City Council Speaker Gifford Miller.[1]
References
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