Newspaper article from our research archive:
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Center City, Pa.-Based Real Estate Company Buys Up Area Office Space.
- Article from:
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Knight Ridder/Tribune Business News
- Article date:
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January 24, 1999
- Author:
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Copyright informationCOPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Jan. 24 -- The next time you feel old, perhaps it might be better to think of yourself as "cycle-tested."
Mark Rubenstein, an engineer by training, had been in the real estate business nearly 20 years when the industry's cycle began to test him.
Prices for properties skyrocketed. But Rubenstein wouldn't pay.
"The prices were crazy," said Rubenstein, 58. "As a result, from 1983 to 1989, I did nothing. I traveled."
Now, Rubenstein's little-known family real estate company is riding the cycle up and has become the largest owner of first-class office space in Center City.
"Mark Rubenstein has been cycle-tested," said ...
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