RedCarpetLife
#0 World Rank
David Walentas

David Walentas

0% | $ 0M
D. Walentas
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
87Y
Country
United States
Born On
January, 1938
Deceased
No
Relationship Status
Married
Children
1
Education

University Of Virginia, Darden School Of Business - Master Of Business Administration

Designation Info :

Self-Made
Yes
Type
Self-Made (Real Estate)
Organization Name
Two Trees Management
Title
Founder
Source

Two Trees Management

Industry
Real Estate

About D. Walentas


D avid Walentas is a self-made American real estate developer with a visionary and transformative impact on the Brooklyn waterfront. He is the founder of Two Trees Management, the company responsible for developing the DUMBO (Down Under the Manhattan Bridge Overpass) neighborhood. He grew up in a working-class family and, after earning an MBA, he embarked on a career in real estate.

In the late 1970s, he had the foresight to purchase a large, derelict industrial area on the Brooklyn waterfront for a mere $12 million. Over the next several decades, he painstakingly transformed this forgotten neighborhood into one of New York City's most desirable and expensive residential and commercial districts. His DUMBO project is a landmark case study in urban revitalization. He has since handed over the leadership of Two Trees to his son, Jed Walentas, but he remains the architect of the family's real estate empire.

Quick Reads


  • The real estate developer who transformed the DUMBO neighborhood of Brooklyn.
  • A self-made billionaire, he founded the development firm Two Trees Management.
  • Bought two million square feet of industrial buildings on the Brooklyn waterfront in the 1970s.
  • His development of DUMBO is a famous example of urban regeneration.
  • His son, Jed Walentas, now runs the family's company.

More Profiles


Advertisement

You May Like