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Rudin: NYC Tenants, Look Across the River

NEW YORK CITY—The Mack-Cali CEO, who is scheduled to speak at RealShare New York next week, has his sights set on Jersey City and some surrounding areas.

By Rayna Katz | Updated on October 06, 2015

NEW YORK CITY—He’s been CEO of Mack-Cali Realty Corp. for a mere four months but Mitch Rudin already is making his mark. Earlier this month, the veteran chief executive—who will be interviewed at RealShare New York Oct. 14th in the conference’s “Inside the Real Estate Mind” series—announced an ambitious three-year strategic plan for the firm.

It includes a “transformation” of the firm into an owner of waterfront and transit-oriented office properties and a regional owner of luxury multi-family properties. To accomplish that, the company has identified approximately $600 million to $800 million in assets that it will dispose to fund its capital plan.  

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