Douglas Durst
| Douglas Durst | |
|---|---|
| Born |
December 19, 1944 New York City, New York, U.S. |
| Residence | Katonah, New York, U.S. |
| Nationality | United States |
| Alma mater | B.A. University of California, Berkeley |
| Occupation | Real estate developer |
| Known for | President of the Durst Organization |
| Net worth | $650 million (1997) |
| Spouse(s) | Susanne Durst |
| Children | Anita Durst Kariolic Alexander Durst Helena Rose Durst Domino |
| Parent(s) | Bernice Herstein † Seymour Durst† |
Douglas Durst (born December 19, 1944) is an American real estate investor and developer.
Durst was born in New York City in 1944 to a Jewish family, the son of Bernice (née Herstein) and Seymour Durst.
Durst's paternal grandfather, Joseph Durst, a penniless immigrant tailor from Austria Hungary, eventually became a very successful real estate manager and developer founding the Durst Organization in 1915. His father, Seymour, became head of the family business in 1974 upon Joseph's death. Douglas's mother died in a fall when he was a child. Douglas graduated from the Fieldston School in 1962 and the University of California at Berkeley in 1966. He attended New York University's Urban Studies program for two years and then joined the family business then run by his father and two uncles, Roy and David.
Douglas took over the Durst Organization in 1992 upon his father's retirement. He presided over the development of several major buildings in New York City:
Durst is a director of the Real Estate Board of New York. Durst is known for emphasizing density and sustainability in his projects.
Located on 14th Street and 5th Avenue in Manhattan, the New School university center was designed by Skidmore, Owings & Merrill and developed by the Durst Organization. The building is designed to LEED Gold standards.
In 2010, the Durst Organization bid on and won the right to invest $100 million in the One World Trade Center development becoming a co-developer with the Port Authority of New York and New Jersey.
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