Union Square too expensive for your tech start-up? DUMBO too full? Downtown Brooklyn too… Downtown Brooklyn? Jed Walentas has a new suggestion: how about the Williamsburg waterfront?
Two Trees is looking to return to its commercial roots at the old Domino Sugar factory site, The Wall Street Journal reports. Jed wants to convert the 11-acre site’s signature structure into office space and throw up a new office building, for a total of 630,000 square feet. If successful, that would be nearly twice Williamsburg’s paltry existing stock of 350,000 square feet of large-block space.
It was not the cheeriest day for the opening of a carousel, last Thursday. The wind was gusting in off the East River, inverting umbrellas and disturbing sundresses under somber skies. The weather had turned against the free King Cones being doled out on the shores of Dumbo, but the first strains of fall were Read More
Tech and the City
Dumbo, the impossibly hip haven conjured by David Walentas two decades ago, has become the first area of New York City where the parks and the plazas are covered by free wireless Internet access. Don’t expect it to spark a trend, though, as Adrianne Jeffries at our sister site BetaBeat reports:
We can’t imagine Read More
Things are heating up in the Hamptons–especially the bulldozer engines.
The Post‘s Jennifer Gould Keill has a quartet of East End news today. For starters, Lloyd Blankfein is looking to invest. The Goldman chief already has a brilliant spread at 15 Central Park West and a $41 million bonanza he Read More
David and Jed Walentas, the father-and-son real estate moguls whose Two Trees Management got its start decades ago in Soho, before abandoning it to craft Brooklyn’s Dumbo neighborhood almost wholecloth, are buying a Manhattan office building, the only one in their portfolio.
The family is in contract to buy the 340,000-square-foot 50 West 23rd Street, Read More
David Walentas is the developer responsible for chic-ifying Dumbo, the Brooklyn waterfront neighborhood between the Manhattan and Brooklyn bridges. He is perhaps less well known as the patron of polo in the Hamptons. The annual Mercedes-Benz Polo Challenge is held at Mr. Walentas’ Two Trees Farm, a former dairy farm-turned-equestrian center in Bridgehampton that he Read More
Cave Canem, a poetry center that cultivates the voices of young African-American poets, is expanding to four times its current space in Dumbo. The foundation, which organizes poetry workshops across the country, signed a three-year lease for 1,678 square feet at 20 Jay Street. The space will function as offices as well as public space Read More
Once upon a time, a knot of cast-iron buildings buzzed and whirred along the western edge of Brooklyn, cranking out boxes and Brillo pads, until one day a man named David Walentas turned them into condos.
As ruler of the village, which years earlier had been christened Dumbo, Mr. Walentas surrounded himself with trusted confidantes, Read More
On Oct. 9, at St. Ann’s Warehouse in Dumbo, Rosanne Cash sang songs her father, Johnny, recommended she learn 36 years ago, in a concert marking the venue’s 30 years of existence. Ms. Cash also performed there in 2006. If she reappears in another three years, she will return to a venue in an entirely Read More
City Council approval apparently failed to extinguish the fight against the Walentas family’s Dock Street project in Dumbo. On Wednesday, a neighborhood group announced it had filed a lawsuit against the city regarding the planned apartment building by the Brooklyn Bridge, challenging the approval of the project.
They raised red flags over a number Read More