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 Dursts


When the $1 billion Bank of America Tower opens next year, it will be the greenest office building in the country, with rainwater-collection and clean-air systems projected to curb power use by 50%. Blessed by the Natural Resources Defense Council, it's the Dursts' fourth energy-efficient development, and the family has committed to building only green properties. This from a business started by Joseph Durst, who emigrated from Austria in 1915 with $3 to his name and managed to launch a bank and then shift to real estate. Today the operation is run by third- and fourth-generation descendants Douglas, Jody, Kristoffer, Alexander, and Helena, for whom a giant residential and retail center on Manhattan's far west side is named.

The Trumps

The LeFraks

The Dursts

The Silversteins

The Fishers

The Rudins
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