In City Real Estate, Old Clans Are Shrewd Again
At the height of the boom, the Dursts, the Rudins, the Roses, the LeFraks and other members of New York’s royal real estate families were treated like slow-moving dinosaurs on the verge of extinction.
Date 2010-02-08
Author Charles V. Bagli
The Insurgents of 2010- Helena Durst, 32: Vice President, The Durst Organization
It began with falling in love. Helena Durst interned for the Hudson River Park Trust; became enamored of parkland; and brought that ardor to her family’s real estate concern, the Durst Organization.
Date 2009-12-30
Building Green
A green building is an efficient building. It uses energy, water and natural resources efficiently in its design, construction and operation. Most importantly, it is an efficient place for people to work. We don’t build buildings with too few elevators and inadequate air-conditioning. Why would we build buildings that waste energy while depriving occupants of fresh, clean air and daylight? A green building provides a better work environment, and a more pleasant place to work makes for more productive and happier employees.
Date 2009-11-10
Author Douglas Durst
The Durst Organization Announces the Renewal of a $200 million Revolving Line of Credit from Citi Private Bank
$200 Million will be Used for Additional Liquidity in the Acquisition of Distressed Properties and Debt
Diamond From the Rough
It took Durst more than 40 years to cobble together the 32 different parcels on 42nd Street between Avenue of the Americas and Seventh Avenue. When the lots were combined in 2004, the new site included ground located in both BIDs, though certain lots did not fall into either. "We knew it would be split between two bids, but we didn't know how that would work," Douglas Durst, co-president of the Durst Organization, told The Commercial Observer. "It was a very torturous process to get it all worked out. It should have been simple."
Date 2009-10-20
Author Lysandra Ohrstrom