Ru­bin­stein’s sells West Chester build­ing

Ru­bin­stein’s hold­ing clear­ance sale at its West Chester lo­ca­tion; com­pany will be con­cen­trat­ing on na­tional busi­ness mar­ket

Daily Local News (West Chester, PA) - - FRONT PAGE - By Brian McCullough bm­c­cul­lough@21st-cen­tu­ry­media.com @wc­dai­ly­lo­cal on Twit­ter

Marc Ru­bin­stein said the fam­ily busi­ness sold its build­ing at 250 E. Mar­ket St. to de­vel­oper Eli Kahn.

Af­ter a cen­tury of pro­vid­ing ev­ery­thing from pens and pen­cils to copy pa­per and fax ma­chines to bor­ough shop­pers, Ru­bin­stein’s Of­fice Sup­ply & Fur­ni­ture is get­ting out of the re­tail of­fice sup­plies busi­ness.

Marc Ru­bin­stein, pres­i­dent of the com­pany founded in 1915, said Fri­day the fam­ily busi­ness sold its build­ing at 250 E. Mar­ket St. to de­vel­oper Eli Kahn.

The com­pany, how­ever, is not go­ing out of busi­ness. In­stead, it is mov­ing into of­fices at the Amer­i­can He­li­copter Mu­seum in West Goshen and will ex­pand its na­tional of­fice sup­ply of­fer­ings to busi­ness clients through a net­work of ware­houses. It will no longer have a store but it will con­tinue its next-day de­liv­ery for cus­tomers signed up for that ser­vice.

“Ru­bin­stein’s Of­fice Sup­ply & Fur­ni­ture (Fri­day) an­nounced that they have sold their build­ing ... and will have an ‘Ev­ery­thing Must Go Sale,’” the com­pany said in a re­lease. “Discounts of over 50 per­cent off on all of­fice sup­plies, of­fice fur­ni­ture, and art sup­plies will be avail­able while in­ven­tory lasts. We will be open seven days a weeks for our cus­tomers’ con­ve­nience.

“This was part of our strate­gic plan to fo­cus en­tirely on our com­mer­cial of­fice sup­ply busi­ness, as we ex­pand across the coun­try,” said Marc Ru­bin­stein, who pro­vided a brief his­tory of the fam­ily busi­ness to the Daily Lo­cal News.

Es­tab­lished in 1915, Ru­bin­stein’s ini­tially be­gan as a book­bind­ing shop. Isadore Ru­bin­stein,

an im­mi­grant from Poland, started the busi­ness from scratch. Isadore Ru­bin­stein built a build­ing on the cor­ner of Mar­ket and Wal­nut streets in West Chester where Ru­bin­stein’s func­tioned for 65 years. The founder also di­ver­si­fied into of­fice sup­plies, toys and sport­ing goods.

His son, Samuel, grew up in the busi­ness.

“Sam made the busi­ness into a lo­cal in­sti­tu­tion with the rep­u­ta­tion of hav­ing ev­ery­thing,” the his­tory states.

Michael Ru­bin­stein joined the

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busi­ness af­ter grad­u­at­ing Boston University, ad­ding a sales force and satel­lite re­tail lo­ca­tions. He moved the busi­ness to the cur­rent lo­ca­tion in the 1980s.

Now Michael’s son, Marc, said the time is right to com­pete in the busi­ness mar­ket on a na­tional ba­sis against the likes of Sta­ples and Of­fice De­pot.

“We do very well against those guys,” Ru­bin­stein said. “We’re leaner, we run a tighter ship.

“It was just the right tim­ing, it was not that busi­ness was bad,” said Marc Ru­bin­stien, who called

Kahn a long­time fam­ily friend. “It is part of the plan to grow the busi­ness-to-busi­ness (seg­ment). The com­mer­cial side is do­ing tremen­dous, that’s why we’re fo­cus­ing on that.”

Ru­bin­stein said the op­er­a­tion has around 30 em­ploy­ees and most will con­tinue with the busi­ness.

Ru­bin­stein’s closed its store in Ken­nett Square in late June af­ter 35 years in busi­ness there.

Kahn said he has no spe­cific plans for the West Chester prop­erty but called it “a good piece of real es­tate.” Nei­ther he nor Ru­bin­stein would dis­close the trans­ac­tion price.

“It ties in to the real es­tate de­vel­op­ment we’ve been work­ing on in the bor­ough,” said Kahn.

The prop­erty in­cludes two build­ings – the store and a ware­house – en­com­pass­ing about 70,000 square feet of space, Kahn said.

To contact Busi­ness Edi­tor Brian McCullough, call 610235-2655 or send an email to bm­c­cul­lough@dai­ly­lo­cal.com.

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SUB­MIT­TED PHOTO

The Ru­bin­stein’s build­ing on East Mar­ket Street in West Chester has been sold to a de­vel­oper.

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