Douglas Durst

Located on 14th Street and 5th Avenue in Manhattan, the New School university center was designed by Skidmore, Owings & Merrill and developed by the Durst Organization. The building is designed to LEED Gold standards.[6]

In 2010, the Durst Organization bid on and won the right to invest $100 million in the One World Trade Center development becoming a co-developer with the Port Authority of New York and New Jersey.[7]

The contract negotiated between the Port Authority and the Durst Organization specifies that the Durst Organization will receive a $15 million fee and a percentage of “base building changes that result in net economic benefit to the project.” The specifics of the signed contract give Durst 75 percent of savings up to $24 million and stepping down thereafter (to 50 percent, 25 percent and 15 percent) as the savings increased. Durst had offered to work for a fixed $35 million fee, but the Port chose the incentive fee arrangement. Significant changes to the building have been made since his joining of the project,[7]

In May 2010, Douglas Durst, former Vice President Al Gore, and New York Mayor Michael Bloomberg officially opened the Bank of America Tower. It was the first high-rise commercial tower to receive LEED platinum rating in the United States. The 55 story, 2.1 million square foot building located on the corner of Sixth Avenue and 42nd Street was designed by Cookfox Architects.[8]

In June 2009 a group of banks provided Bank of America and Durst Organization $1.28 Billion to refinance the building. Bank of America provided half of the loan. The other parts came from New York Mellon Corp., Wells Fargo, Westdeutsche Immobilien Bank, and Helaba Bank.[9]

In the early 2000s, architect Bjarke Ingels met Durst when he was in Copenhagen with his wife, Susanne, a native of Denmark. He visited Ingels' studio in February 2010.[10]

In spring 2010, Durst Fetner Residential commissioned Bjarke Ingels Group (BIG) to bring a new residential typology to Manhattan. In 2011, BIG opened an office in New York to supervise W57's development and construction.[11] Completed in 2016, West 57 is a 709-unit, four sided, pyramid shaped tower of apartments on West Fifty-seventh Street.[10][12]

In 1987, Durst purchased a piece of land from Ray McEnroe, the owner of an organic farm in Dutchess County, New York, some 100 miles north of Manhattan. He purchased the land to dispose of his horses' manure in an environmentally friendly way.[13] Durst later partnered with McEnroe, and now the farm is 500 acres, and among the top 25% of organic farms in the United States.[14]

They have three children:[2]

• Anita Durst, the founder of Chashama, a charity dedicated to locating affordable or free studio and gallery space for artists in New York City.[17][18]
• Alexander Durst, vice president at the Durst Organization responsible for development, project management, and operations.[19] He is married to Eva Billeci, senior project manager at the Durst Organization.
• Helena Rose Domino, vice president at the Durst Organization; she is also a board member of Just Food, Governors Island Alliance, the Manhattan Solid Waste Advisory Board[20] as well as President of New York Water Taxi and Circle Line Downtown[21]

Douglas Durst suffered a severe leg injury in 1972 when a coal-fired water heater exploded in a Newfoundland house where he was then living with his wife and young family. “I should've died there,” Durst would later tell The New York Times. “It changed my whole outlook on life. I had to get more serious about what I was doing", he said, moving back to the family real estate business following months of recuperation. After suffering more than four decades of pain, part of Durst's lower right leg was amputated in 2015. He walks today with the help of a prosthesis.[22]

Douglas and his brother Robert had a contentious childhood. As children, they were both put in therapy to help resolve their differences.[23] When they became adults, both eventually worked in the family business. As oldest brother, Robert believed he would be the natural successor to his father as the leader of the Durst Organization. When their father Seymour chose Douglas over him in 1992, Robert estranged himself from his entire family and in 2006 sued for his share of the Durst family trust. A $65 million settlement was reached that divested Robert of all future share of the Durst family wealth. In 2001, Robert Durst was charged with murdering a neighbor and dismembering his body in Galveston, Texas. Pleading self-defense, he was acquitted of the murder charge.[3] Douglas was interviewed by The New York Times in January 2015, and was quoted as saying about Robert: "There's no doubt in my mind that if he had the opportunity to kill me, he would."[24]

Douglas Durst told The New York Times in December 2015 that he believed, until 2001, in his brother's innocence regarding Kathleen McCormack Durst's "disappearance" in 1982. Contrary to his brother's assertions to the documentary filmmakers of The Jinx, he was never privy to his father's meetings with a lawyer and private detective tasked with investigating Kathleen's disappearance.[22] "I'm going to be a witness in Los Angeles" for the prosecution of his brother for the murder of Susan Berman, whom investigators believe Durst murdered because she knew details of Robert's role in his wife Kathleen's death, "so they don't want me to talk too much about anything after 2001", Douglas Durst said.