The Durst Organization

The Durst Organization

Owner, manager, developer of properties

Overview

The Durst Organization owns, develops, and manages large-scale real estate, including trophy office towers and thousands of rental apartments, totaling about 16 million square feet of Class A properties. Its products are built spaces for work and living created through development and ongoing property management; the company emphasizes sustainability and high performance in its buildings. Unlike many competitors, Durst is a family-run business with a long-term mindset, grounded in values such as integrity, proactivity, relationships, loyalty, and innovation, aiming to leave each place better than it was found. Its goal is to create durable, environmentally advanced spaces that serve communities and help people live, work, and thrive.

About The Durst Organization

Simplify's Rating
Why The Durst Organization is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Design

Real Estate

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1915

Simplify Jobs

Simplify's Take

What believers are saying

  • Ozmo robot deployment cuts window cleaning costs 50% at 45-story building.
  • Badger Group partnership drives $2.2B Penn's Landing housing expansion.
  • Halletts Point adds 2,000 units, amenities, retail to Astoria waterfront.

What critics are saying

  • Queens 8.5% vacancy slashes Halletts Point rental income 20-30% now.
  • Urban Atelier delays trigger $50M penalties under NYC affordability rules.
  • Brownfield contamination lawsuits impose $100M cleanup, halt Astoria leasing.

What makes The Durst Organization unique

  • Halletts Point transforms 2.5-acre brownfield into public East River esplanade.
  • 10 Halletts Point secures LEED Gold via blackwater recycling and green roofs.
  • 20/30 Halletts Point targets LEED Platinum with 647 resilient rental units.

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Benefits

Health Insurance

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Flexible Work Hours

Remote Work Options

Hybrid Work Options

Wellness Program

Mental Health Support

Gym Membership

Professional Development Budget

Conference Attendance Budget

Phone/Internet Stipend

Home Office Stipend

Stock Options

Company Equity

Family Planning Benefits

Fertility Treatment Support

Parental Leave

Adoption Assistance

Relocation Assistance

Meal Benefits

Commuter Benefits

Employee Referral Bonus

Sabbatical Leave

Educational Allowance

Tuition Reimbursement

Professional Certification Support

Mentorship Program

Training Programs

Salary Range

Company News

QNS
Aug 22nd, 2025
Halletts Point esplanade in Astoria opens, reconnecting community to East River waterfront

When The Durst Organization broke ground on its massive Halletts Point project in Astoria on a cold winter day in January 2016, the speeches were delivered inside a massive brick warehouse that had cut off public access to a stretch of East River waterfront for generations.

The Robot Report
Aug 28th, 2024
Skyline Robotics Deploys Ozmo Window Cleaning Robot In New York City

Listen to this articleThe Ozmo robotic window cleaner operates on a skyscraper in New York City. Source: Skyline Robotics. Cleaning the windows of skyscrapers around the world meets the definition of dull, dirty, and dangerous jobs for robot assistance. Skyline Robotics and Palladium Window Solutions today deployed Ozmo, which includes a robot arm, at a 45-story New York building owned and managed by The Durst Organization. “Together with our partners Palladium Window Solutions and The Durst Organization, Skyline Robotics is changing centuries of tradition and the landscape of Manhattan forever with our advanced technology,” stated Michael Brown, CEO of Skyline Robotics. “We’re delivering the future of façade maintenance, as Ozmo and human window cleaners work in unison to protect the health of buildings faster and safer than existing solutions.”

ROI-NJ
Jul 18th, 2024
N.J. Making Serious Push To Lure Sixers To New Arena In Camden

Time may be running out for team, owned by HBSE (owners of Devils, Pru Center), to get approval to build new arena in PhillyThe state of New Jersey is making a serious push to convince the Philadelphia 76ers to move to New Jersey and into a new arena that would be built in Camden, four people familiar with the discussions confirmed to ROI-NJ.Discussions between top state officials and leaders from Harris Blitzer Sports & Entertainment (which owns the team) have been ongoing for the last two months, the sources said.The sources indicated that talks have picked up recently, in part because HBSE’s efforts to build a new arena in Center City Philadelphia have hit repeated roadblocks, despite the fact that the owners have indicated they would self-finance the $1.3 billion proposed project.The Sixers, whose current lease at the Wells Fargo Center ends after the 2030-31 season, have been looking for a new home for the better part of the past five years. And, while the opportunity to move to New Jersey may be seen by some as a negotiating ploy, it makes sense on a number of levels, the sources said, including:The Sixers’ team offices and practice facility already are in Camden, at a 66,230-square-foot facility that opened to much fanfare in 2016;HBSE owns the New Jersey Devils and the Prudential Center in Newark — and its two principal owners, Josh Harris and David Blitzer, are from the state;Gov. Phil Murphy has a longstanding relationship with Harris and Blitzer — he is in regular dialogue with both on various issues;The state has available land in the Camden area, including along the waterfront, potentially a landing spot for an ultramodern facility that has great views of the Philadelphia skyline;The transit connectivity between Philadelphia and Camden would make it easy for Philly fans to still attend games;And, while HBSE’s owners have indicated a willingness to pay for the entirety of the project, coming to New Jersey would make them eligible for a tax credit of up to $400 million through the state’s Aspire program.The sources spoke on the condition of anonymity due to the sensitive nature of the situation.Officials in the Governor’s Office and the New Jersey Economic Development Authority did not immediately respond to a request for comment.That being said, there has been plenty of talk about the Sixers’ future home for years.An effort to build an arena at Penn’s Landing came up short in 2020, when the right to develop a parcel was given New York-based Durst Organization — which has yet to move forward with its proposal to make a $2.2 billion investment in residential, retail and hotel developments.In July 2022, HBSE announced plans to self-finance 76 Place, a $1.3 billion facility in Philadelphia’s Center City. That proposed arena, set in the city’s fashion district, has met fierce resistance since its earliest days — with many arguing it will bring traffic and congestion but not the predicted tax revenue.Early estimates indicate the proposed arena could be in operation for as many as 150 nights a year, including 41 regular-season NBA games.One of HBSE’s biggest aims in the process has been to get control of an arena for scheduling and revenue benefits (Comcast Spectacor owns the Wells Fargo Center). Which state the arena is in may not make a difference.Sixers officials have acknowledged the difficulties of finding a location for a new arena, but they always have maintained a desire to stay in Philadelphia. They did so again when reached for comment.“We remained focused on bringing a state-of-the-art arena to Philadelphia, as we have been for the last four years,” a spokesperson said.The clock appears to be ticking on 76 Place

Informed Infrastructure
Jan 3rd, 2024
Montroy DeMarco Architecture-designed U.S. Headquarters Office of SOCOTEC in Manhattan Receives LEED CI v4 Platinum Certification

Vidaris has worked extensively with the landlord, The Durst Organization, on both One Five One when it was originally designed and many other projects.

Ebony News Today, Inc.
Dec 8th, 2023
One World Trade lights up for Alpha Phi Alpha

According to the fraternity, member Melvin Norris, who serves as Director of Government for The Durst Organization that owns One World Trade, had the company light the buildings in recognition of Alpha Phi Alpha's 117th Founders' Day.

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