Louis Dubin Net Worth, Age, Height, Bio, Birthday, Wiki!

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Louis Dubin Biography

Louis Dubin is one of the most popular and richest Businessperson who was born on January 31, 1963 in United States of America, United States. Louis Myerberg Dubin, born January 31, 1963, is a fourth-generation real-estate developer. He develops high-end condominiums in major east-coast US cities. Redbrick LMD, an opportunity-based real estate investment and development company, is his founding partner. Athena, which he founded, was a New York-based condominium developer who sold condos to the middle and upper-middle classes. Some of his landmark buildings were converted into luxury condominiums by his firm, which was also bought by Charles Bronfman. He designed buildings that featured art by Jonathan Cramer, an artist-sculptor. New York Magazine called him one of the “new generation” of A-listers in Uptown.

Dubin was the director of the Resolution Trust Corporation’s National Land Fund for the Resolution Trust Corporation, which is worth $1.7 billion. This agency was responsible for disposing of assets that the government had acquired in the 1990s. He recalled that it exposed him to high finance, a world “that was somewhat lacking in mine skill sets”. Dubin formed strategic partnerships with the government and private sector. Dubin described his role as “a federal official cleaning up all the non-performing land in America.” He is the chairman of Maryland Governor’s Workforce Development Board.

Dubin was described in New York Magazine in 1998 as one of the city’s social leaders who were “all born after the baby boom and free of its disdain for old conventions”, and was a member of the “uptown A-listers” including Prince Alexander von Fürstenberg, Pia Getty, The Crown Princess of Greece, and fashion designer Carolina Herrera Jr.

In the early 2000s, Athena acquired and converted the Liberty Warehouse property in the Lincoln Center district of Manhattan at 43 West 64th street. Sonnenblick-Goldman arranged financing for the deal, according to one source. The building was described as a “quiet enclave” and “very residential” and close to midtown, shopping, transportation, and restaurants. Dubin said “It’s the first project on the Upper West Side to truly incorporate loft living.” Athena took the old Liberty Warehouse and modernized it; since it operated an entire block, the new building featured a drive-through area for valet parking. Renovated units were priced from $1 million and $4 million, and penthouses cost between $5 million and $10 million. The new building was marketed as “Liberty Lofts.” Since 1902, the building had a 37-foot (11 m) high copper statue built in Akron, Ohio that was closely modeled on the Statue of Liberty and which was visible from Lincoln Center. Dubin appealed in the New York Times for ideas about what to do with the statue. During renovation, Athena added four floors, reclad the building, and created loft-style condominiums ranging from 1600 to 6,151 square feet (571.4 m). In February 2002, the Liberty statue was moved to the Brooklyn Museum of Art. Residents included Gretchen Carlson, host of the CBS Early Show and her husband Casey Close.

My business strategy was to find opportunistic opportunities in real estate. “My goals were to purchase real estate at a lower cost than replacement cost and to redevelop assets that had been neglected. Rosen Consulting was hired by Dubin to provide macroeconomic forecasts on the development of jobs and household formation in key US cities. Next was to have acquisitions people search for opportunities in these markets. Dubin hired many analysts with Master’s degrees both in Real Estate and MBAs. He felt they were well-rounded and could work with numbers, but also had an eye for form and concepts. The market was a constant source of information for Dubin’s employees, which included ex-lawyers, bankers and textile design curators as well as tank platoon commanders and architects. As part of its mission to “teach the younger generation about the business”, Athena held weekly development meetings with all employees. The company cooperated with local and state officials. Dubin saw his role as a developer in the convergence of many forces including regulators, investors, architects and architects. He found this work fascinating. Athena created a fund that was proprietary in partnership with Morgan Stanley and UBS. This gave Athena easy access to large amounts of cash, while Athena sought out partners for larger deals. Dubin said that his firm existed in “nether land” where it had both the capitalization and flexibility of a public corporation. According to Dubin, the firm’s return on investment equity was over 30% in the 1990s.

Name	Louis Dubin
First Name	Louis
Last Name	Dubin
Occupation	Businessperson
Birthday	January 31
Birth Year	1963
Place of Birth
Home Town	United States of America
Birth Country	United States
Birth Sign	Capricorn
Full/Birth Name
Parents	Richard & Elizabeth; Dubin
Siblings	Harry Dubin
Spouse	Not Known
Children(s)	3

Ethnicity, religion & political views

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The firm screened and analyzed possible acquisitions. When it found properties to buy, it would analyze a prospective purchase in depth, including doing due diligence, which is a comprehensive real estate checklist process of examining systematically such details as environmental issues, geological and marketing factors. It thrived during the real estate boom years during the early and middle years of the 2000s.

Louis Dubin Net Worth

Louis Dubin is one of the richest Businessperson from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Louis Dubin's net worth $5 Million. (Last Update: December 11, 2023)

Dubin’s grandfather, great-grandfather and father were all developers. Washington and Lee University was where Dubin studied political science. He met his future wife Tiffany Rounick while in college. His stepfather was A. Alfred Taubman. Dubin received a J.D. American University Washington College of Law awarded Dubin a J.D. They were married at Temple Emanu-El in Manhattan in 1989. Fashion reporters from New York Times reported that the guests wore tailored suit jackets over long, narrow skirts.

A prominent headquarters building of the Union of American Hebrew Congregations, located at 838 Fifth Avenue at 65th Street, was purchased by A. Alfred Taubman in the late 1990s. The original 50-year-old building, originally constructed in 1950, was converted to luxury condominiums by Athena. Some of the financing was arranged by Sonnenblick-Goldman. The building is located opposite Temple Emanu-El. Athena collaborated with architects Beyer Blinder Belle to create storage rooms, wine cellars and servants’ quarters. The building’s exterior featured religious inscriptions such as “Love Thy neighbor as yourself” and “Do Justly Love Mercy Walk Hands With God”. There was some controversy over how to deal with these inscriptions. On the southeast corner, there is a “discrete accessibility ramp” for disabled people. The building was originally an 11-story office tower and has been converted into a residential condominium development with 10 units. The building was extended by an addition of one floor on 65th Street and a 10-story addition. The restoration was done using limestone from the same Indiana quarry that was used to build the original building. Bret S. Bobo, spokesperson for the company, said that developers were attracted to the building because it was in a prime spot. The apartments ranged in size from 4,522 to 5,423 sq.ft (503.8 m). The interiors were demolished and reconstructed with nine-foot high ceilings. One of seven studio apartments on the ground floor was available for purchase. The basement was available for sale with nine wine cellars measuring 45 feet (4.2m) and fifteen storage units. Charles Bronfman (co-chairman of Seagram) purchased one unit. According to multiple sources, the sale was valued at $18 million. Others units were sold for $16million and $12 million, and were called chic by New York Magazine. In 2000 and 2001, renovations were completed.

In 1993, Dubin founded the Athena Group, a residential real estate investment and development fund. It was structured legally as a limited liability company or LLC. Dubin was both president and CEO.

Net Worth	$5 Million
Salary	Under Review
Source of Income	Businessperson
Cars	Not Available
House	Living in own house.

In 2003, Athena bought Harlem property on Central Park North. Initial plans called for a 20-floor high-rise doorman-building with 80 units targeted to upper-middle-class families and single professionals with prices for each unit ranging from $500,000 to $1.7 million. Dubin said “This is an opportunity for New Yorkers to be on the park at roughly half the price of Central Park South.” The rebirth of Harlem along Central Park north had attracted celebrities such as Marcia Gay Harden, Maya Angelou, and Kareem Abdul-Jabbar. The finished building was 20 stories tall with 48 residential units, 9,500 of ground floor retail space, 48 parking spaces, and each unit had a view of Central Park. In December 2006, 30% of the units had been presold, and prices per square foot were about $1,200, and parking spaces cost $75,000. To encourage sales, Dubin teamed with Esquire Magazine and its advertisers to throw a lavish party in September 2007. Cramer made the outdoor sculpture called The Shape Matrix that greets visitors upon arrival to the property. According to one report, Athena and the magazine commandeered, for the party, “a pair of penthouses, a 4,000-square-foot triplex with an additional 1,700 square feet of terraces,” with a projection screen to “mimic an airplane’s interiors, courtesy of Lufthansa.” A living room with 22-foot (6.7 m) ceilings featured designs by Versace and Campion Platt. The showroom penthouse was listed for $8.5 million, and most apartments, featuring three bedrooms, two and a half baths, and 1,900 square feet (180 m) of space, were listed at $2.1 million. Esquire magazine described some of the units as the “ultimate bachelor pad.” One newspaper account suggested the property was “the only condominium in Harlem that has achieved a sales price of $1,000 a square foot.” By August 2007, more than 70% of the building was sold with prices sometimes reaching $1,200 a square foot, according to Dubin.

In 2004, Athena had $265 million in residential and commercial sales. Condos were pitched at middle to upper-middle class buyers, and prices were at or below the median prices for their respective cities, and ranged from $200 to $2,000 per square foot, according to Dubin. By 2005, during the real estate boom, it had invested $200 million in properties worth a total of $1 billion, according to one estimate. At one point, the firm had a construction and development pipeline exceeding $1.8 billion, according to one source. From 2002 to 2005, Athena focused on condominium conversion projects, but after 2005, shifted to real estate development which included building new high-rise structures from the ground up. It worked with Detroit-based construction contractor Walbridge Aldinger on tasks such as preconstruction, estimating, predevelopment and construction-bidding work. In 2005, the shortage of prime space in downtown Manhattan caused several hotels to be converted to condominiums. Dubin explained that “economic calculations heavily favor conversion … For a 1,000-square-foot hotel suite, you could get $2 million. At a top hotel with services and a great location, let’s take those two rooms—they have to throw off $400 to $500 a night, and they have maybe 70 percent occupancy … In the best of cases, they could net $200,000 [per year]. Property taxes take 35 percent, maybe 40 percent for operations—that’s only a 5 to 6 percent return.”

Height, Weight & Body Measurements

Louis Dubin height Not available right now. Louis weight Not Known & body measurements will update soon.

Height	Unknown
Weight	Not Known
Body Measurements	Under Review
Eye Color	Not Available
Hair Color	Not Available
Feet/Shoe Size	Not Available

In the early 2000s, Athena bought a building in Miami’s South Beach called The Waverly. It got an internal rate of return in the low 20s, according to Dubin. Around this time the firm had a project in Providence, Rhode Island, called the “903”, which featured prices in the range of $350 per square foot. In 2002, the firm encountered a setback when 78-year-old Taubman was convicted of price-fixing in connection with his ownership of the Manhattan-based auction house Sotheby’s and he spent ten months in jail.

The real estate bust beginning 2007 and extending into 2008 hit Athena hard. Dubin, along with many other developers, did not predict the down-cycle; financing dried up; plans stalled, and then were dropped. In September 2006, there were plans to develop another property in Jersey City by working with the Netherlands-based Office for Metropolitan Architecture and architect Rem Koolhaas. A mixed-use, $300 million joint venture project featuring retailers, restaurants, and housing units in northern Las Vegas with Vestar Development dubbed “Heart of North Las Vegas” was planned in 2007, which was supposed to have “outdoor fireplaces, pop-jet fountains, a video wall, a performance stage, shaded pedestrian walkways and tailored landscaping.” There were plans to promote the Las Vegas project with a “naming contest” in which the winner would receive free college payments for four years to any college. Credit dried up; the real estate bubble burst; plans fizzled. One real estate journal reported that “Athena Group … created a lot of hype over a 160-acre, mixed-use development … by asking the community to come up with a name for it and awarding a four-year college scholarship to the winner. That’s about as far as it’s gone.” Plans to break ground in 2007 were delayed. Dubin said in 2008: “We have put off a number of projects for the foreseeable future.”

Who is Louis Dubin Dating?

According to our records, Louis Dubin is possibily single & has not been previously engaged. As of December 1, 2023, Louis Dubin’s is not dating anyone.

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Athena developed luxury condominiums across the Hudson River from Manhattan in Jersey City Developers thought that across-the-river condominiums were “an attractive alternative for high net worth apartment seekers who want to remain in the metropolitan area,” according to a quote in the newspaper from one of the financiers. Dubin noted that Jersey City was in a “phenomenal housing boom.” The deal was finalized, and construction began in November 2005. The skyscraper was close to subways called PATH trains for Manhattan-bound commuters. Dubin worked with financial advisers Sonnenblick-Goldman who helped secure construction loans from Chicago-based financiers Corus Bank and GoldenTree InSite Partners. One estimate was the project was valued at $112 million in debt and equity. A second estimate was $110 million. Dubin brought in architects from the Hillier Group as well as Schuman, Lichtenstein, Claman and Efron who designed the brick and glass facade. The project, dubbed “A” Jersey City, was a 33-story tower with 250 apartments, 10,500 square feet (980 m) of ground-floor retail space, a 238-space parking garage from the second through sixth floors. Dubin again brought in artist-sculptor Jonathan Cramer who made a sculpture entitled “The A” outside the building. Each unit had its own balcony and were marketed to consumers as having “panoramic views” of the Manhattan skyline. To make the condominiums attractive to upscale buyers, amenities included around-the-clock concierge and personal assistant services, a private fitness center, a westward-facing terrace, and each unit had 9’4″ ceilings. Dubin commissioned public sculptures to promote the project.

Facts & Trivia

Louis Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in United States. Louis Dubin celebrates birthday on January 31 of every year.

Dubin spoke at public meetings regarding real estate trends. Dubin gave the commencement speech at Columbia University’s Masters in Real Estate Development graduation in 2007. Dubin returned to his alma mater, Washington College of Law at American University, to speak on real estate topics on several occasions. Dubin believes there is a need for affordable housing and thinks “low density zoning” would be beneficial in some communities; in others, “abysmal, high profile failures” have tainted the image of high-density projects. He has been a panelist on discussions about condominium development and conversion. Dubin was on television in 2007. In a commencement speech at Columbia University’s graduate real estate program, he emphasized the importance of listening and how it requires patience and discipline to listen effectively.

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