Two Trees | Observer

By Krista Carter 12/12/11 6:29pm

It looks nicer than it sounds. (ArchRecord)

Mercedes House Revving Up the Neighbors

Living in Hell’s Kitchen has been, well, Hell recently—at least for neighbors of the vaunted Mercedes House on 11th Avenue. Read More

By Matt Chaban 11/22/11 11:05pm

on the waterfront

39 Photos

Brooklyn Bridge Park Gets Its Starchitecture

As The Observer previously reported, Brooklyn Bridge Park had attracted a swell of high-profile development and design attention to the first new development parcel planned alongside the park. Calling for a hotel and luxury apartments, the competition attracted not only the firms we knew—Two Trees, Toll Brothers, Dermot, Extell and Hamlin—but also Starwood Read More

By Matt Chaban 12:57pm

under the bridge

Related, Two Trees, Andre Balazs, FXFowle Among Firms Flooding Brooklyn Bridge Park Pier 1

Even if the city could be headed for further construction slowdowns, developers are still readying themselves for the (eventual?) recovery. The MoMA Tower, Hudson Yards, East Coast Number 4—all are showing signs of life. And they all have something in common, as well: their developers have their sights set on the first site at Brooklyn Bridge Park. Read More

By Matt Chaban 6/15/11 6:53pm

Punch Drunk Love

Nick Cannon and Jed Walentas Put an End to the Recession

Don’t listen to all the reports of economic doom and gloom. The good times are here again! How do we know? Because insane condo parties have returned. Read More

By Tom Acitelli 6/02/11 3:07pm

Tech and the City

Dumbo’s Parks, Plazas Fully Wired

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 sitting Read More

By Laura Kusisto 3/22/11 8:26pm

lease beat

Wind Concern Rustles Two Trees

The wind turbine craze isn’t likely to catch on in New York City anytime soon, but the same apparently can’t be said for Dumbo office space. Yet another company, Wind-Products, is abandoning Soho and moving across the bridge in search of hip office digs and perhaps a tax credit. It has leased 2,972 square feet Read More

By Laura Kusisto 2/18/11 1:50pm

lease beat

When Elephants Fly: Dumbo Gets Two Macho Sports Tenants

The day Dumbo gets an extreme sports tenant will be the day elephants fly, or so we once thought.

Tough Mudder (“not your average lame-ass mud run or spirit-crushing ‘endurance’ road race,” says its Web site) has signed a one-year lease for 2,214 square feet of office space at 55 Washington Street. Trilogy Lacrosse has taken Read More

By Matt Chaban 11/10/10 1:01am

Machers

Jed Walentas Gets His Williamsburg Welfare for Swanky Hotel

David Walentas and his Two Trees Management made a name for itself–well-worn by now–transforming Dumbo into the BroBo, live-work paradise it is today. Taking a page from his father’s book, Jed Walentas is hard at work on transforming a former industrial building in Williamsburg into a luxury hotel.

Granted Williamsburg is well beyond the undiscovered Read More

By Dana Rubinstein 9/02/10 9:17pm

Commercial Breaks

Manhattan, Ho! Brooklyn Walentases Buy Manhattan Office Building from Moinian

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

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Mercedes House Revving Up the Neighbors

Brooklyn Bridge Park Gets Its Starchitecture

Nick Cannon and Jed Walentas Put an End to the Recession

Dumbo’s Parks, Plazas Fully Wired

Wind Concern Rustles Two Trees

When Elephants Fly: Dumbo Gets Two Macho Sports Tenants

Jed Walentas Gets His Williamsburg Welfare for Swanky Hotel

Manhattan, Ho! Brooklyn Walentases Buy Manhattan Office Building from Moinian

Across the Wire

Changes at The New York Times Book Review

Doesn't Anyone Love One57?

Permission to Splurge: Whole Foods Isn't Just About Where You Buy Your Food; It's About Who You Think You Are

Cannes: Street Gunfire and a Hotel Heist Keep the Festival on Edge

Animal Care Volunteers Bite Back