All in the families

Private equity firms and REITs may be charging into commercial real estate, but these multigenerational clans still control huge chunks of New York City's iconic skyline. Photographs by Lamia Maria Abillama

The LeFraks

The LeFrak family's developments are so huge that calling them cities hardly feels like hyperbole. "You can start from scratch and create a whole neighborhood," says Jamie LeFrak, 34. The late Samuel LeFrak's first such project, LeFrak City in Queens, opened in 1963 and includes 20 high-rise residences along with retail and office space. Today, led by Samuel's son Richard, the LeFraks own hundreds of apartment buildings, mostly in Brooklyn, Queens, and Jersey City, N.J. Richard's sons Harrison, 35, and Jamie are overseeing a LeFrak investment firm and energy holdings and are expanding real estate operations to London and L.A.

The Trumps

The LeFraks

The Dursts

The Silversteins

The Fishers

The Rudins
Best Places to Live These smaller places offer the best mix of jobs, good schools, safe streets, things to do and a real sense of community. (more)
Condos go green Condo developers are selling their "green" credentials to cost and ecology-conscious consumers. (more)
Buy, sell or hold? Fortune's exclusive calculations can help you figure out what your house will be worth in coming years. (more)