Artificial Intelligence
Builders Company
Developers/The Durst Organization
TD
The Durst OrganizationNew York, United States · founded 1915 · 1 active markets
PRIVATE

The Durst Organization develops, builds, owns, manages, and leases sustainable commercial, residential, and mixed-use buildings in New York City and Philadelphia, serving office tenants, residents, retailers, institutions, and public partners through long-term urban real-estate ownership, development, and stewardship.

Years in business
111
founded 1915
Employees
546 total employees worldwide
employees, as listed in a directory · March 2026 · size band 201–500
LinkedIn headcount
200-300
employees, as shown on LinkedIn
Units delivered
4,000 rental apartments
as the company states it
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
The Durst Organization, Inc.1
Headquarters
1155 Avenue of the Americas1, New York1, United States
Founded
19151
Entity type
PRIVATE1
Business model
commercial1, mixed use1
Markets
1 market listed
What they build
Residential, for rent (5 of 7) · Retail (5 of 7) · Mixed use (4 of 7)
Full dossier in About →

Delivery record

5 date-assessed of 7 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
7
within the rolling ten-year window
Median delay
+12.0 mo
the middle of 5 scored projects
Average delay
+13.5 mo
the same projects, pulled by the worst
Average time to deliver
4.4 yrs
start to completion, over 4 delivered projects
Worst slip
+27.0 mo
825 Third Avenue — comprehensive renovation · +26.0 to +28.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
2
red rows below

Against other developers

5 date-assessed here · 245 developers, 917 date-assessed projects in United States
Median delay
The Durst Organization·245 developers in United States
+12.0 mo vs +4.5 mo
this developer 7.5 mo worse
The typical project on each side.
Average delay
The Durst Organization·245 developers in United States
+13.5 mo vs +7.5 mo
this developer 6.0 mo worse
Both pulled by their worst few.
On time
The Durst Organization·245 developers in United States
40% vs 55%
this developer 15 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
The Durst Organization·245 developers in United States
4.4 yrs vs 2.9 yrs
this developer 1.5 yrs slower
Start to completion, over 4 delivered here and 757 in the market.
Projects and timelines in Track Record →

Resident experience

6 of 7 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.5/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Little structure evidence (2 of 6 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
5.8/ 10
Fabric, services, waterproofing, envelope · from 2 of 6 rated buildings
Management & living
7.0/ 10
Upkeep, response times, amenities, community · from 6 of 6 rated buildings

Against other developers

6 rated here · 265 developers, 1364 rated buildings in United States
Overall rating
The Durst Organization · 265 other developers in United States
7.5 vs 7.8
this developer 0.3 worse
The weighted verdict on each side. From 6 of 6 rated buildings here and 1364 in the market.
Structure & systems
The Durst Organization · 265 other developers in United States
— vs 7.0
Too few buildings with this score here to compare (2 of 6)
Fabric and engineering only — fixed at handover. From 2 of 6 rated buildings here and 576 in the market.
Management & living
The Durst Organization · 265 other developers in United States
7.0 vs 7.4
this developer 0.4 worse
Upkeep and response — belongs to whoever runs the building now. From 6 of 6 rated buildings here and 1311 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

  • PROJECT AWARD Winner 2021
    ULI Award for Excellence in Market-Rate Housing Development · VIA 57 WEST
    VIA 57 WEST, developed by The Durst Organization, received the 2021 ULI Award for Excellence in Market-Rate Housing Development.
  • PROJECT AWARD Winner 2024 award; reported July 29, 2025
    Project of the Year – Under 25,000 square feet · Well& by Durst
    Well& by Durst at 825 Third Avenue was identified as the Project of the Year in the under-25,000-square-foot category at the 2024 REmmy Awards; The Durst Organization was part of the presenting project team.
    CoreNet Global New York City Chapter REmmy Awards · https://nyrej.com/print/55344
  • RECOGNITION Winner 2025
    American Graphic Design Awards · The Durst Organization’s 2024 Sustainability Report
    The Durst Organization’s 2024 Sustainability Report was recognized as an American Graphic Design Awards winner.
  • 2 more in Awards
All awards →

Risks & source coverage

  • PROJECT CANCELLED Reported May 18, 2025; Durst status statement dated June 23, 2025. As of May 2025, the 300 North Christopher Columbus Boulevard development remained fallow with no new construction; Durst’s June 2025 statement said escalating construction costs and difficult financial markets had paused the development timeline, while the site report said the owner would not proceed with or complete the building (the latter point was based on an apparently partially legible municipal filing).
  • DELIVERY DELAY May 10, 2024. Durst announced a pause to the final 870-unit phase of Halletts Point, saying the 485-x tax incentive’s wage and affordability requirements made the phase financially unfeasible and that development would not resume until a more favorable incentive was available; this concerns the final phase, not the already completed first phase or the then-under-construction second phase.
  • SAFETY / LABOUR Lawsuit reported February 22, 2023; alleged work completion in 2020. LEGAL / ALLEGATION: Plaza Construction sued China Center New York and named the Port Authority and Durst as co-defendants, alleging that approximately $950,000 remained unpaid for SkyClub work completed in 2020 and seeking enforcement of a mechanics’ lien; the report records allegations, not a judgment, and does not establish that Durst itself owed the contractor.
  • 4 more in Risk & Sources
Record status
active
Company sources
73 source entries across 73 fields
Projects tracked
7 · 7 completed in assessment
All flags and sources →

Track Record

Delivery record

5 date-assessed of 7 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
7
within the rolling ten-year window
Median delay
+12.0 mo
the middle of 5 scored projects
Average delay
+13.5 mo
the same projects, pulled by the worst
Average time to deliver
4.4 yrs
start to completion, over 4 delivered projects
Worst slip
+27.0 mo
825 Third Avenue — comprehensive renovation · +26.0 to +28.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
2
red rows below

Against other developers

5 date-assessed here · 245 developers, 917 date-assessed projects in United States
Median delay
The Durst Organization·245 developers in United States
+12.0 mo vs +4.5 mo
this developer 7.5 mo worse
The typical project on each side.
Average delay
The Durst Organization·245 developers in United States
+13.5 mo vs +7.5 mo
this developer 6.0 mo worse
Both pulled by their worst few.
On time
The Durst Organization·245 developers in United States
40% vs 55%
this developer 15 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
The Durst Organization·245 developers in United States
4.4 yrs vs 2.9 yrs
this developer 1.5 yrs slower
Start to completion, over 4 delivered here and 757 in the market.
The market here is United States: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

7 of 7 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
New York, United States
2015201620172018201920202021202220232024202520262027todayNEW YORK, UNITED STATESon timeverified+27 moverified+10.5 moestimated+24 moverified+12 moverified+4.5 moverified+11.5 moestimated
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

6 of 7 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.5/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Little structure evidence (2 of 6 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
5.8/ 10
Fabric, services, waterproofing, envelope · from 2 of 6 rated buildings
Management & living
7.0/ 10
Upkeep, response times, amenities, community · from 6 of 6 rated buildings

Against other developers

6 rated here · 265 developers, 1364 rated buildings in United States
Overall rating
The Durst Organization · 265 other developers in United States
7.5 vs 7.8
this developer 0.3 worse
The weighted verdict on each side. From 6 of 6 rated buildings here and 1364 in the market.
Structure & systems
The Durst Organization · 265 other developers in United States
— vs 7.0
Too few buildings with this score here to compare (2 of 6)
Fabric and engineering only — fixed at handover. From 2 of 6 rated buildings here and 576 in the market.
Management & living
The Durst Organization · 265 other developers in United States
7.0 vs 7.4
this developer 0.4 worse
Upkeep and response — belongs to whoever runs the building now. From 6 of 6 rated buildings here and 1311 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

6 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
825 Third Avenue — comprehensive renovationMidtown Manhattan, New York
10.0/ 10
—/ 10
8.4/ 10
Google Reviews, as republished by CoworkingCafe 5/5 · 10 reviews · coworkingcafe.com
Google Reviews, as republished by CoworkingCafe publishes 5/5 from 10 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.4.

The largest located published rating is the 5/5 Google aggregate with 10 reviews displayed for the 825 Third Avenue coworking location, which converts to 10/10 under the specified curve. All five written reviews read were positive and recurring praise covers modern facilities and responsive staff; there was no contrary platform rating or recurring complaint to reduce the result. The rating is not a residential-building aggregate, so confidence should be read as limited to the tenant/coworking experience represented by that listing.

+ New HVAC, electrical, plumbing, life-safety and building-management systems+ Dynamic tinting glass+ LEED Gold certification+ Modernized lobby and facade
+ Modern facilities+ Professional staff+ Responsive service+ Outdoor terrace and amenity lounge+ Tenant programming and social space

Published project reporting describes replacement and modernization of the HVAC, electrical, plumbing, life-safety and building-management systems, plus dynamic glass that reduces glare and heat gain. The Architectural Record account describes the renovated amenity space as “daylight-flooded” and says the biopolymer terrazzo was selected for fewer off-gassing concerns; no resident-reported structural failure was found.

The five displayed Google reviews for the Stark workspace at 825 Third Avenue are uniformly positive: tenants describe the facilities as “modern” and staff as “professional, incredibly responsive, and always happy to help.” Independent architectural reporting says the Well& lounge has been “well trafficked,” with trivia nights, tenant breakfasts, tastings and everyday meeting use; this is strong operational praise, but it is concentrated in a coworking/tenant-suite population rather than a broad residential review base.

One Five One — fourth-floor amenity renovationMidtown Manhattan, New York
8.3/ 10
—/ 10
7.4/ 10
Tagvenue 5/5 · 1 review · tagvenue.com
Tagvenue publishes 5/5 from 1 review. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.4.

The largest published review base is Birdeye’s 4.6/5 from 1,897 reviews, which converts to 8.5/10 under the supplied curve. Because the page categorizes the property as real-estate services and the building is an office tower, rather than a residential property with resident reviews, the reported resident-living score is conservative; no structural score is assigned because no review source published building-condition feedback.

+ responsive venue manager+ professional communication+ modern meeting facilities

no notes returned

no links returned

The applicable venue review rated communication 5.0/5 and said “Excellent communication,” with the listing reporting a response time “Within 3 hours.” The venue page also describes modern meeting rooms, on-site planning support and catering, but this is short-stay/event feedback rather than evidence of a resident’s day-to-day experience.

20 and 30 Halletts PointAstoria, Queens, New York647 units
7.5/ 10
—/ 10
7.5/ 10

Wanderboat's building-specific 4.2/5 rating from 9 reviews sets the level, which converts to 7.6 but must remain within one point of 6.5 because the review base is below ten. The reported praise and recurring operational concerns move the result slightly downward to 7.5; no structure score is assigned because the published evidence does not provide a reliable building-systems rating.

+ New construction+ Modern finishes+ Clean common areas
− Building technology reported as unreliable− Single serious alleged chemical-exposure report− Alleged unauthorized apartment entry
+ Friendly staff+ Responsive leasing team+ Waterfront views+ Modern amenities+ Clean and quiet atmosphere
− Unreliable shuttle− Limited public transport− Neighborhood safety concerns− Occasional unfinished areas− Broken grills or unreliable resident services

The published material describes the buildings as new and modern, and one review says the property is “extremely clean.” However, another reviewer says “some building tech is brittle and unreliable,” while a separate serious allegation describes chemical exposure and apartment access concerns; these are isolated reports rather than a verified engineering finding.

Residents and prospective renters praise the views, amenities and staff: one review says “the staff is stellar,” and another calls the atmosphere “extremely clean” and quiet. The same published material records operational caveats: the shuttle is useful “when ... working” but weekend transit is difficult, and another reviewer reports that “some building tech is brittle and unreliable”; the surrounding area is also described by some reviewers as unsafe after dark.

FRANK 57 WESTManhattan West Side, New York65 units
6.9/ 10
—/ 10
6.8/ 10

The 3.9/5 building rating from nine reviews sets the level, converting to approximately 6.7/10 under the requested curve. The written feedback is mixed: repeated praise for quietness, cleanliness and amenities is moderated by management, mailroom and access-system complaints; no structural or systems evidence was published.

+ Quiet building+ Helpful management reported+ Clean common areas reported+ Gym valued+ Resident events
− Management responsiveness complaint− Disorganized mailroom− Overcomplicated keycard access

no notes returned

no links returned

Residents describe Frank 57 West as quiet, clean and socially pleasant; one wrote that management was “always super helpful,” the trash room was well kept, and the gym was “a huge plus.” Counterevidence includes “the management team is invisible,” a mailroom with packages “placed on the floor,” and a keycard system requiring five or six scans.

10 Halletts PointAstoria, Queens, New York404 units
6.7/ 10
6.7/ 10
6.7/ 10

The largest published review base is the 3.9/5 rating from 111 reviews, which converts to 6.7/10 under the specified curve. The smaller 3.8/5 Birdeye result is not materially divergent, while the written evidence shows both meaningful operational praise and recurring management/shuttle complaints, leaving the score essentially at the anchor level.

+ Well-maintained apartments+ Strong heating+ Good water pressure+ Effective pest control+ Clean building
− One Class C violation involving pests/mold, heat or hot water, or defective buil− Open hazardous violations
+ Helpful concierge staff+ Fast maintenance+ Clean common areas+ Waterfront views+ Popular amenities
− Slow or unresponsive management− Unreliable shuttle− Noise complaints− Marijuana-smoke complaint− Amenities can be crowded

Resident material describes the apartments as “well-maintained” and praises “strong heating” and “water pressure,” while another review calls the buildings “meticulous and lovely.” Openigloo also reports one Class C violation category covering rodents, pests, mold, inadequate heat or hot water, or defective building parts; the page does not identify which condition the specific violation concerned.

Daily-life feedback is split. Residents describe “fast” maintenance, friendly concierge staff and clean amenities, but complaints include that management “wont respond,” the shuttle is “never” on schedule, and persistent marijuana smoke allegedly received no meaningful response.

SvenLong Island City, Queens, New York958 units
5.7/ 10
5.0/ 10
5.2/ 10

The largest published review base is the Birdeye/Google aggregate at 3.3/5 from 373 reviews, converted to approximately 4.9/10 under the requested market curve. The Google listing is more favorable, while Openigloo is a smaller independent resident sample; recurring systems and nuisance complaints offset much of the repeated praise for staff, maintenance, cleanliness and amenities.

+ Well-maintained building+ Fast repair response+ No outages or floods reported+ Clean units and common areas
− Inconsistent heating and cooling− Reported heat failures in some units− Occasional elevator or mechanical noise
+ Responsive management+ Fast maintenance+ Friendly concierge and staff+ Clean amenities+ Strong views and location
− High rent increases− Extra amenity charges− Noise and smoke complaints− Strict or uneven rule enforcement− Some staff overwork reported

Residents commonly describe Sven as clean and well maintained, and one resident said maintenance “comes very quickly” and that they had experienced “not a single outage or flood.” The main physical-systems concern is uneven thermal performance: reviews say “The heating isn’t great,” while forum residents describe apartments that stay above 70 degrees, no AC during some periods, or units with no effective heat; occasional elevator or mechanical noise is also reported.

Residents frequently praise Sven’s staff and operations: one review calls management “incredibly responsive and friendly,” says repairs are handled within 24 hours, and another describes “friendly and professional” concierge service, amenities and social events. The negative evidence is also material: residents report that staff can be “severely overworked,” cite a “crazy” 15% rent hike and added amenity fees, and describe smoke, noise and air-quality problems that are not consistently resolved.

Only buildings that have reached handover are rated. 1 of 7 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
The Durst Organization, Inc.
Headquarters
1155 Avenue of the Americas, New York, United States
10036
Founded
1915
US
Entity type
PRIVATE
Revenue
USD 155.9 million
2024
Business model
commercial, mixed use

Partners

3 partners
Port Authority of New York and New Jersey
government partner

The Durst Organization became an equity partner in One World Trade Center; the Port Authority built the tower, while Durst participated in leasing and management.

Badger Group
joint venture

Badger joined Durst's planned Penn's Landing redevelopment to participate in construction-management activities, contractor and subcontractor selection and supervision, and community engagement, with an opportunity to acquire a 20% stake.

Bank of America
joint venture

Durst partnered with Bank of America to construct the Bank of America Tower at One Bryant Park.

Sources: name

COMPANYdate not shown in source

One World Trade Center

The Durst Organization
Built by The Port Authority of New York and New Jersey and The Durst Organization in an unparalleled public-private partnership
value seen: Port Authority of New York and New Jersey
https://www.durst.org/properties/one-world-trade-center

Sources: summary

COMPANYdate not shown in source

One World Trade Center

The Durst Organization
Responsible for leasing together with Newmark as co-exclusive leasing agents, as well as managing the tower, The Durst Organization’s participation ensures that One World Trade Center operates to the highest real estate standards.
value seen: leasing together with Newmark as co-exclusive leasing agents, as well as managing the tower
https://www.durst.org/properties/one-world-trade-center

Sources: name

PRESS2022-01-25

Durst teams with Philly’s The Badger Group on Penn’s Landing redevelopment

The Philadelphia Inquirer
The Durst Organization has selected the Badger Group, a Black-owned Philadelphia development firm, to join its planned redevelopment of Penn’s Landing
value seen: Badger Group
https://www.inquirer.com/news/badger-durst-penns-landing-drwc-diversity-equity-partnership-20220125.html

Sources: summary

PRESS2022-01-25

Durst teams with Philly’s The Badger Group on Penn’s Landing redevelopment

The Philadelphia Inquirer
Badger, led by president and chief executive Paul Badger, will participate in the management of construction activities, selection and supervision of contractors and subcontractors, and community engagement
value seen: management of construction activities, selection and supervision of contractors and subcontractors, and community engagement
https://www.inquirer.com/news/badger-durst-penns-landing-drwc-diversity-equity-partnership-20220125.html

Sources: name

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Durst partnered with Bank of America to construct the first large tower since the 9/11 attacks.
value seen: Bank of America
https://www.durst.org/about/news_items/688

Sources: summary

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Durst partnered with Bank of America to construct the first large tower since the 9/11 attacks.
value seen: partnered with Bank of America to construct
https://www.durst.org/about/news_items/688

Registrations & licences

COMPANY NUMBER182287
New York Department of State · US · Active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 7 projects tracked

What they build

5 types
Residential, for rent5 of 7
Retail5 of 7
Mixed use4 of 7
Office4 of 7
Other1 of 7
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
DD
Douglas Durst
Douglas Durst is the third-generation family leader and chairman. He joined the company in 1968 and, with Jody Durst, oversaw major commercial and residential developments including One World Trade Center and the Bank of America Tower; his outside work includes environmental and arts organizations.
Current title
Chairman
Experience
20+ years real estate
Companies before
none sourced
Education
University of California, Berkeleydegree in economics
Other boards
The New SchoolRoundabout Theatre CompanyPrimary StagesReal Estate Board of New York Board of Governors and Executive CommitteeThe Trust for Public Land (trustee emeritus)
Known for
ChairmanThird-generation family leaderEnvironmental activist
https://linkedin.com/in/douglas-durst-64ba69126
We create buildings with a focus on sustainability in which people live, work, and thrive. LEADERS https://www.leadersmag.com/issues/2024.2_Apr/STF/LEADERS_Douglas_Jonathan_Durst_Durst_Organization.html

Sources: education

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Douglas holds a degree in economics from the University of California, Berkeley.
value seen: University of California, Berkeley
https://www.durst.org/about/executives/douglas-durst

Sources: other boards

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Douglas is a member of the Real Estate Board of New York (REBNY) Board of Governors and Executive Committee, and previously served as Chairman of the board. He is a board member of The New School and trustee emeritus of The Trust for Public Land. Douglas is involved with the theatrical arts and is a member of the board of directors of the Roundabout Theatre Company and Primary Stages.
value seen: The New School; Roundabout Theatre Company; Primary Stages
held out of the figures · the quote does not carry this value
https://www.durst.org/about/executives/douglas-durst

Sources: summary

PRESSdate not shown in source

LEADERS Interview with Douglas Durst, Chairman, and Jonathan (Jody) Durst, President, The Durst Organization

LEADERS
Douglas Durst is the Chairman and a member of the third generation to lead The Durst Organization. He joined The Durst Organization in 1968, learning the business from his father, Seymour, and two uncles, Roy and David.
value seen: third-generation family leader; joined in 1968; major developments
value paraphrased from this source
https://www.leadersmag.com/issues/2024.2_Apr/STF/LEADERS_Douglas_Jonathan_Durst_Durst_Organization.html

Sources: title

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Douglas Durst is the Chairman and a member of the third generation to lead The Durst Organization.
value seen: Chairman
https://www.durst.org/about/executives/douglas-durst
J(
Jonathan (Jody) Durst
Jonathan “Jody” Durst is president and a third-generation family leader. He joined Durst’s construction department in 1984, after engineering roles at Chrysler and FMC, and has led operations, construction, leasing and sustainability initiatives; under his leadership with Douglas Durst, the company delivered landmark Manhattan projects.
Current title
President
since 2001
Experience
no career length stated
Companies before
Chrysler CorporationFMC
Education
Tufts UniversityBachelor of Science in Mechanical Engineering
Other boards
none sourced
Known for
PresidentThird-generation family leaderMechanical engineerex-ChryslerSustainable buildings
Our home is New York, and so we really want to stay focused here. The Real Deal December 4, 2023https://therealdeal.com/magazine/national-december-2023/the-closing-jody-durst/

Sources: education

PRESSdate not shown in source

LEADERS Interview with Douglas Durst, Chairman, and Jonathan (Jody) Durst, President, The Durst Organization

LEADERS
Durst graduated from Tufts University with a degree in mechanical engineering.
value seen: Tufts University; Bachelor of Science; Mechanical Engineering
held out of the figures · the quote does not carry this value
https://www.leadersmag.com/issues/2024.2_Apr/STF/LEADERS_Douglas_Jonathan_Durst_Durst_Organization.html

Sources: previous companies

PRESSdate not shown in source

LEADERS Interview with Douglas Durst, Chairman, and Jonathan (Jody) Durst, President, The Durst Organization

LEADERS
Before joining The Durst Organization, he worked as Engine Performance Engineer for the Chrysler Corporation and as a Research and Development Engineer for FMC, within a division that manufactured large diesel tractors.
value seen: Chrysler Corporation; FMC
held out of the figures · the quote does not carry this value
https://www.leadersmag.com/issues/2024.2_Apr/STF/LEADERS_Douglas_Jonathan_Durst_Durst_Organization.html

Sources: since

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
In 2001, Jody became President of The Durst Organization.
value seen: 2001
https://www.durst.org/about/executives/jonathan-durst

Sources: summary

PRESSdate not shown in source

LEADERS Interview with Douglas Durst, Chairman, and Jonathan (Jody) Durst, President, The Durst Organization

LEADERS
He started his career with The Durst Organization in 1984 in the construction department. He then moved on to directing the operations of the commercial portfolio and supervising new construction projects in midtown Manhattan.
value seen: construction, operations, landmark projects
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.leadersmag.com/issues/2024.2_Apr/STF/LEADERS_Douglas_Jonathan_Durst_Durst_Organization.html

Sources: title

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Jonathan (Jody) Durst is the President and a member of the third generation to lead The Durst Organization.
value seen: President
https://www.durst.org/about/executives/jonathan-durst
TJ
Thomas J. Duffe
Thomas J. Duffe was named COO in 2022 and runs operations across Durst’s office, commercial and residential portfolio. A more-than-30-year Durst veteran, he previously led project development and construction and has been instrumental in delivering major commercial and residential buildings and tenant projects.
Current title
Chief Operating Officer
since 2022
Experience
30+ years at durst
Companies before
none sourced
Education
not published
Other boards
New York Building CongressBuilding Owners and Managers Association of New YorkReal Estate Board of New York Management Division
Known for
COOProject developmentConstruction delivery
https://www.linkedin.com/in/thomas-duffe-a0044220a

Sources: other boards

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Tom is a board member of the New York Building Congress and the Building Owners and Managers Association of New York and a Director of the Management Division of the Real Estate Board of New York.
value seen: New York Building Congress; Building Owners and Managers Association of New York; REBNY Management Division
held out of the figures · the quote does not carry this value
https://www.durst.org/about/executives/thomas-j-duffe

Sources: since

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Tom Duffe was named Chief Operating Officer of The Durst Organization in 2022.
value seen: 2022
https://www.durst.org/about/executives/thomas-j-duffe

Sources: summary

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Tom has been a part of the Durst team for over 30 years, working his way up through the operations department before joining the construction department in 2000.
value seen: operations; more than 30 years; construction delivery
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.durst.org/about/executives/thomas-j-duffe

Sources: title

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
THOMAS J. DUFFE - Chief Operating Officer
value seen: Chief Operating Officer
https://www.durst.org/about/executives/thomas-j-duffe
AD
Alexander Durst
Alexander Durst is principal and chief development officer, responsible for acquisition, design, construction and integration of large-scale projects, as well as Durst Ventures. Since joining in 2006 he has led major mixed-use development, site acquisitions and post-Hurricane-Sandy restoration, while also holding public and industry board roles.
Current title
Principal and Chief Development Officer
since 2006
Experience
20+ years at durst
Companies before
none sourced
Education
Colorado Collegedegree in Geology
Montana State Universitydegree in Earth Sciences
Other boards
Real Estate Board of New York Executive Committee and Board of GovernorsNew York State Parks, Recreation and Historic Preservation Commission for New York City (chair)
Known for
Chief Development OfficerPrincipalMixed-use developmentREBNY board
https://linkedin.com/in/alexanderdurst

Sources: education

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Alexander has degrees in Geology and Earth Sciences from Colorado College and Montana State University.
value seen: Colorado College; Montana State University
held out of the figures · the quote does not carry this value
https://www.durst.org/about/executives/alexander-durst

Sources: other boards

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Alexander serves on the Real Estate Board of New York’s Executive Committee and Board of Governors. Alexander is the Governor-appointed Chair of the State Parks, Recreation and Historic Preservation Commission for the City of New York.
value seen: REBNY Executive Committee and Board of Governors; State Parks Commission chair
held out of the figures · the quote does not carry this value
https://www.durst.org/about/executives/alexander-durst

Sources: since

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Alexander joined Durst in 2006, managing the company’s Brownfield Program.
value seen: 2006
https://www.durst.org/about/executives/alexander-durst

Sources: summary

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
He leads the acquisition, design, and construction of large-scale projects and the integration of those projects into the operations of the company.
value seen: acquisition, design, construction, Durst Ventures, mixed-use projects
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.durst.org/about/executives/alexander-durst

Sources: title

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
ALEXANDER DURST - Principal and Chief Development Officer
value seen: Principal and Chief Development Officer
https://www.durst.org/about/executives/alexander-durst
LD
Lucas Durst
Lucas Durst is the fourth-generation family leader and CFO, overseeing financing, debt capital markets, accounting and finance. He began at Durst as a finance associate in 2014 and led major CMBS financings before being appointed CFO in July 2026.
Current title
Chief Financial Officer
since July 8, 2026
Experience
no career length stated
Companies before
none sourced
Education
Tufts UniversityBachelor of Arts in American Studies
New York UniversityMaster’s degree in Real Estate Finance
Other boards
Real Estate Board of New York (member)
Known for
CFOFourth-generation family leaderCapital marketsReal Estate Board of New York member
https://linkedin.com/in/lucas-durst-74838391
I am humbled to take on the role of Chief Financial Officer at a pivotal point for our company. The Durst Organization July 8, 2026https://www.durst.org/news_items/6258

Sources: education

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Lucas holds a Bachelor of Arts degree in American Studies from Tufts University and a Master’s degree in Real Estate Finance from New York University.
value seen: Tufts University; Bachelor of Arts; New York University; Master’s degree in Real Estate Finance
held out of the figures · the quote does not carry this value
https://www.durst.org/about/executives/lucas-durst

Sources: other boards

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
He is a member of the Real Estate Board of New York.
value seen: Real Estate Board of New York
https://www.durst.org/about/executives/lucas-durst

Sources: since

COMPANY2026-07-08

Lucas Durst Named Chief Financial Officer of The Durst Organization

The Durst Organization
New York, NY – July 8, 2026 – The Durst Organization today announced the appointment of Lucas Durst as the company’s Chief Financial Officer.
value seen: July 8, 2026
https://www.durst.org/news_items/6258

Sources: summary

COMPANY2026-07-08

Lucas Durst Named Chief Financial Officer of The Durst Organization

The Durst Organization
Lucas began his career at Durst more than a decade ago, starting as a finance associate. Most recently, he led the $1.3 billion CMBS financing of One Five One, the $250 million CMBS financing of 1155 Avenue of the Americas, and the $450 million CMBS financing of SVEN.
value seen: finance, capital markets, accounting; 2014; major CMBS financings
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.durst.org/news_items/6258

Sources: title

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
LUCAS DURST - Chief Financial Officer
value seen: Chief Financial Officer
https://www.durst.org/about/executives/lucas-durst
HR
Helena Rose Durst
Helena Rose Durst is a principal overseeing special projects, partnerships, philanthropy and collections. She joined Durst in 2001, created its residential leasing department and managed leasing and operations for several projects; she previously co-led New York Water Taxi/Circle Line Downtown and began at Hudson River Park Trust.
Current title
Principal
since 2001
Experience
no career length stated
Companies before
New York Water Taxi / Circle Line DowntownHudson River Park Trust
Education
Baruch Collegestudied Real Estate
Other boards
Real Estate Board of New YorkCitizen’s Budget CommissionLincoln Center Real Estate and Construction Council
Known for
PrincipalResidential leasingSustainabilityMaritime operations

Sources: other boards

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Active in the NYC real estate and environmental community, Helena is involved with the Real Estate Board of New York, Citizen’s Budget Commission, Lincoln Center Real Estate and Construction Council, and the New York City Parks Enforcement Mounted Auxiliary Unit.
value seen: Real Estate Board of New York; Citizen’s Budget Commission; Lincoln Center Real Estate and Construction Council
https://www.durst.org/about/executives/helena-rose-durst

Sources: previous companies

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
She previously served as Co-President of the New York Water Taxi / Circle Line Downtown, a former Durst-affiliated maritime company that carried 1.5 million passengers annually in the New York Harbor. Helena began her career interning at The Hudson River Park Trust.
value seen: New York Water Taxi / Circle Line Downtown; Hudson River Park Trust
held out of the figures · the quote does not carry this value
https://www.durst.org/about/executives/helena-rose-durst

Sources: since

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Helena started at Durst in 2001 leasing residential, office, and retail spaces.
value seen: 2001
https://www.durst.org/about/executives/helena-rose-durst

Sources: summary

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
Helena Rose Durst is a Principal of The Durst Organization, overseeing special projects, partnerships, philanthropy, and collections.
value seen: special projects, partnerships, philanthropy, collections; residential leasing
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.durst.org/about/executives/helena-rose-durst

Sources: title

COMPANYdate not shown in source

The Durst Organization

The Durst Organization
HELENA ROSE DURST - Principal
value seen: Principal
https://www.durst.org/about/executives/helena-rose-durst

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

7 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
20 and 30 Halletts PointNew York, United States
Astoria, Queens
residential for rent, retail, mixed use647127 and 32800,000 sq ft——2025January 15, 2025Jan 2025 – Dec 2025Jan 2025 – Dec 20250.0 mo
(−11.0 to +11.0)
sourcedcompleted
825 Third Avenue — comprehensive renovationNew York, United States
Midtown Manhattan
office, retail———USD 150m
other
—20192019Jun 2022 – Aug 2022Oct 2024+27.0 mo
(+26.0 to +28.0)
sourcedcompleted
Halletts Point Building 7New York, United States
Astoria, Queens
residential for rent163114154,000 sq ft————Jan 2022 – Dec 2022May 2023+10.5 mo
(+5.0 to +16.0)
estimatedcompleted
SvenNew York, United States
Long Island City, Queens
residential for rent, mixed use, retail, office958171978,000 sq ft——20162016-12-16Jan 2020 – Dec 2020Jan 2022 – Dec 2022+24.0 mo
(+13.0 to +35.0)
sourcedcompleted
10 Halletts PointNew York, United States
Astoria, Queens
residential for rent, retail, mixed use404122526,000 sq ft——2016January 14, 2016Jan 2018 – Dec 2018Jan 2019 – Dec 2019+12.0 mo
(+1.0 to +23.0)
sourcedcompleted
One Five One — fourth-floor amenity renovationNew York, United States
Midtown Manhattan
office, other—————2018April 25, 2018Jan 2018 – Mar 2018Jan 2018 – Dec 2018+4.5 mo
(−2.0 to +11.0)
sourcedcompleted
FRANK 57 WESTNew York, United States
Manhattan West Side
residential for rent, office, retail, mixed use65110150,000 sq ft——2015March 2015Jan 2016 – Dec 2016Jun 2017+11.5 mo
(+6.0 to +17.0)
estimatedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

5 found
PROJECT AWARD Winner 2021
ULI Award for Excellence in Market-Rate Housing Development · VIA 57 WEST
VIA 57 WEST, developed by The Durst Organization, received the 2021 ULI Award for Excellence in Market-Rate Housing Development.
PROJECT AWARD Winner 2024 award; reported July 29, 2025
Project of the Year – Under 25,000 square feet · Well& by Durst
Well& by Durst at 825 Third Avenue was identified as the Project of the Year in the under-25,000-square-foot category at the 2024 REmmy Awards; The Durst Organization was part of the presenting project team.
CoreNet Global New York City Chapter REmmy Awards · https://nyrej.com/print/55344
RECOGNITION Winner 2025
American Graphic Design Awards · The Durst Organization’s 2024 Sustainability Report
The Durst Organization’s 2024 Sustainability Report was recognized as an American Graphic Design Awards winner.
PROJECT AWARD Winner 2016; reported November 4, 2016
International Highrise Award · VIA 57 WEST
VIA 57 WEST won the 2016 International Highrise Award, which recognized it as the world’s most innovative high-rise in the reported award announcement.
International Highrise Award · https://www.durst.org/about/news?page=174
PROJECT AWARD Winner 2017
AIA Housing Award · VIA 57 WEST
The Durst Organization’s VIA 57 WEST is listed as a 2017 AIA Housing Award recipient.
American Institute of Architects · https://www.durst.org/properties/VIA-57-West

Risks

Auditor & credit ratings

3 agencies
Fitch RatingsAAA 2021-04-06
Kroll Bond Rating AgencyAAA 2021-04-06
S&P Global RatingsAAA 2025-08-04

Risk flags

7 found
PROJECT CANCELLED Reported May 18, 2025; Durst status statement dated June 23, 2025.
As of May 2025, the 300 North Christopher Columbus Boulevard development remained fallow with no new construction; Durst’s June 2025 statement said escalating construction costs and difficult financial markets had paused the development timeline, while the site report said the owner would not proceed with or complete the building (the latter point was based on an apparently partially legible municipal filing).
DELIVERY DELAY May 10, 2024.
Durst announced a pause to the final 870-unit phase of Halletts Point, saying the 485-x tax incentive’s wage and affordability requirements made the phase financially unfeasible and that development would not resume until a more favorable incentive was available; this concerns the final phase, not the already completed first phase or the then-under-construction second phase.
SAFETY / LABOUR Lawsuit reported February 22, 2023; alleged work completion in 2020.
LEGAL / ALLEGATION: Plaza Construction sued China Center New York and named the Port Authority and Durst as co-defendants, alleging that approximately $950,000 remained unpaid for SkyClub work completed in 2020 and seeking enforcement of a mechanics’ lien; the report records allegations, not a judgment, and does not establish that Durst itself owed the contractor.
FINANCIAL DISTRESS Foreclosure filed in 2009; referee decision in 2019, upheld May 2020; dispute ended with buyout reported May 11, 2022.
A foreclosure dispute involving 44-02 Vernon Boulevard arose from the project owners’ defaulted mortgage after Durst acquired the non-performing debt and filed to foreclose; the case dragged on for more than a decade, a state judge upheld the referee’s $69.3 million figure in May 2020, and the owners’ group ultimately paid Durst $96.9 million in 2022 to end the dispute. This was a project-level default and foreclosure action, not evidence that Durst’s parent company defaulted.
DELIVERY DELAY Event/status reported May 10, 2024; subsequent status reported February 13, 2025; research date October 15, 2026
The Durst Organization’s Halletts Point master plan in Astoria, Queens remains partially stalled: after earlier delays, Durst said in 2024 that construction of the final phase would not resume under the then-current 485-x economics; later reporting in February 2025 documented leasing at 20 and 30 Halletts Point but continued postponement of the next phase, so the evidence does not establish that the entire master plan was cancelled.
DELIVERY DELAY Pause announced December 22, 2022; continued halt reported May 28, 2024; research date October 15, 2026
The Durst Organization’s Vine Street/300 North Christopher Columbus Boulevard apartment project in Philadelphia was put on an indefinite construction pause after excavation and foundation work, with Durst citing rising construction costs and a difficult financing market; a May 2024 report still described the nearby project as halted, and no retrieved source established completion by the research date.
DELIVERY DELAY Stalled status reported May 28, 2024; latest retrieved status reported November 5, 2025; research date October 15, 2026
The Durst Organization’s proposed $2.2 billion Penn’s Landing waterfront redevelopment in Philadelphia remained in limbo: more than three years after selection as developer, Durst and the Delaware River Waterfront Corporation had not finalized an agreement, while a November 2025 report characterized the project as still alive despite a years-long pause rather than cancelled.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.