Douglas Durst and Jonathan “Jody” Durst

Continuing the family legacy, cousins Douglas and Jonathan “Jody” Durst have been leading the Durst Organization through a strong year, driven by renewed demand in Manhattan’s office market as well as lease-ups within its residential portfolio.

In 2025, the firm saw more than 1 million square feet of office space leased, the second-highest year of leasing for the firm in the last 10 years, Jody Durst said. That makes it, of course, the firm’s best showing since the start of the pandemic. 

“We reached a landmark agreement with Bank of America for their 2.4 million-square-foot lease at One Bryant Park,” he continued, referring to the Midtown skyscraper. “While the deal didn’t close until after the new year, we spent most of 2025 negotiating that.”

The Durst Organization hardly has any room left in its Bryant Park-area portfolio, in fact. One Bryant Park is 100 percent leased, One Five One West 42nd Street is 94 percent leased, 1155 Avenue of the Americas is 97 percent leased, and 1133 Avenue of the Americas is 90 percent leased.

Plus, One World Trade Center, a 3 million-square-foot office tower in Lower Manhattan that Durst manages, leases and operates alongside the Port Authority of New York and New Jersey, is 97 percent leased.

“We’re thrilled with the Bank of America lease at One Bryant Park, and One Five One West 42nd Street is another we’re very proud of because that building became 100 percent vacant in 2018 and it’s now 94 percent leased,” Douglas Durst said of the firm’s office performance over the past year-plus.

On the residential side of things, Durst’s 27-story 20 Halletts Point and 32-story 30 Halletts Point — which added a combined 647 units plus a public waterfront esplanade to Astoria, Queens — were completed and started leasing in 2025, the second phase of the Halletts Point development. Durst’s goal is to get the two buildings — which include income-restricted apartments — fully leased by the end of this year.

Looking ahead to the rest of 2026, the firm is focused on marketing a full-building office property at 114 West 47th Street, which the Dursts say would be a great opportunity for a company to turn into its headquarters.

“We’re extremely active in the commercial market,” Douglas Durst said.