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Ruby Schron pays $25M for Coney Island retail site, plans mall expansion

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Real estate investor Ruby Schron has forked out $25 million to buy a 49,000-square-foot building at 532 Neptune Avenue near Coney Island, according to public records filed with the city today. But the notoriously low-key real estate mogul isn’t just looking to be closer to the Cyclone. Schron plans on tearing down a fence on the edge of the property and combining his latest acquisition with the adjacent Trump Village Shopping Center, which he has [more]

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