Two Trees is a Brooklyn-based, family-owned real estate development firm. Founded in 1968, the company's portfolio includes 6,000+ residential units and over 4 million square feet of office and retail space. Led by founder David Walentas and CEO Jed Walentas, Two Trees is well-known for transforming DUMBO from a neglected industrial waterfront into a thriving mixed-use community. The company is committed to creating neighborhoods that have a unique cultural identity, and it supports businesses that add value to the long-term vitality of the communities.
Two Trees believes that people prosper when neighborhoods bloom. It is the duty of the developers and property-owners to cultivate livable streetscapes that lend to a wide variety of uses and attract diverse groups of people. Two Trees fills its storefronts purposefully with small, family-owned businesses, creates artistic and cultural spaces to enrich the streets, and uniquely constructs buildings to promote the growing potential of their surrounding areas.
Two Trees' apartment units are luxury homes built to last for years to come. From sunlight-drenched studios to two-bedroom residences with private terraces, the spaces feature floor-to-ceiling windows with stunning cityscape views, high-end finishes, top-of-the-line, energy-efficient appliances, and a full range of luxurious amenities.
Two Trees developments are much more than properties–they are dynamic places where communities can connect and thrive. In-house curators and civics teams coordinate philanthropic efforts with the company's mission, and respond to neighborhood demands that are unmet by traditional real estate development companies. Decisions are made after honest discussions, always with the neighborhoods' best long-term interest in mind.
Two Trees owns over 4 million square feet of commercial, industrial and residential real estate throughout the U.S. with the majority of its properties located in NYC. From DUMBO to the Domino Sugar Factory, the company has proven to invest in community amenities that add to the long-term vitality and sustainability of the neighborhoods.
Best Places to live in NY: Mercedes House
There are moments, standing in either of the 30,000-square-feet outdoor courtyards at the Mercedes House rental building between 53rd and 54th St. and 11th Ave., looking up at the hulking steel and glass structure, that you are not in this city, this country or possibly this world.
July 13, 2015
300 Ashland welcomes Tavi Gevinson
We say hello to our new resident by finding out what she’s watching on Netflix.
June 20, 2017
Best Ways to Get From Brooklyn to Manhattan
There are several ways of getting in Manhattan from Brooklyn - which are the best? We discuss the fastest and most convienient ways of getting into Manhatatan from Brooklyn.
April 30, 2019
REBNY raises $3M to kill prevailing wage provision
The Real Estate Board of New York has raised $3 million to bury a provision that would require construction workers be paid a prevailing wage on 421a projects
July 20, 2015
For the love of art
Opening night at Fortis Property Group’s new condo project, 212 North 9th Street in Williamsburg, got an added boost from an unlikely source: A piece of abstract art.
August 01, 2015
How Sweet It Is: A ferry visit to the Domino Sugar site
The coolest thing in Williamsburg is the ferry. This is especially true in summer, when passengers can stand out on the deck and take photos without their fingers turning into wind-whipped icicles.
July 29, 2015
An Enchanted Two Hour NYC Bike Ride
Around 6 PM on Wednesday August 5, I left my job near the World Trade Center and headed up 6th Avenue on my bicycle looking for a place to get some air in my tires
August 11, 2015
Williamsburg to get a Trader Joe's
Brooklynites, rejoice. Trader Joe’s is coming to Williamsburg.
July 09, 2015
Brooklyn's (next) boom
Take a good look at the Brooklyn skyline, because what you see won’t be there for long.
September 01, 2015
Brooklynites Can Work Near Home as Offices Start to Rise
When Toby Moskovits was a little girl and her grandfather repaired Army uniforms in a factory near Brooklyn’s Williamsburg waterfront, the area was well into its decline as an industrial center.
June 26, 2015
11 artists, 6 cultural groups awarded below-market space in DUMBO
The 11 artists and six groups awarded space are diverse in their missions and disciplines, including painters, sculptors, performance artists, journalists, educators and more.
November 18, 2015
Grovo is the latest to sign on as tenants in our Flatiron Building
Workplace training startup Grovo signed a 10-year lease for the fifth, sixth and 12th floors.
May 10, 2016
Salvage garden: Park returns to Williamsburg waterfront
Green thumb: North Brooklyn Farms co-founder Ryan Watson gets plants ready for their new home on the Williamsburg waterfront.
June 19, 2015
Japan's Mitsui Joins Hell's Kitchen Project
One of Japan’s largest real-estate companies has joined forces with a homegrown New York investment company on a $330 million Hell’s Kitchen development
June 07, 2015
Dropbox takes 31K sf at Two Trees
Dropbox, the $10 billion cloud-computing company, is moving across the Flatiron District to a much larger space at Two Trees Management’s 50 West 23rd Street
January 04, 2016
Abir moves on up to Mercedes House
The up-and-coming singer lets us know what she listened to while moving in.
June 20, 2017
AICAD Announces New Residency for Non-Students
The Association of Independent Colleges of Art and Design (AICAD), purveyors of the prestigious New York Studio Residency Program (NYSRP) have announced a new initiative for non-student artists called the Studio Practice Residency.
August 17, 2015
Field operations tops Brooklyn building with communal roof garden
Located at the center of brooklyn’s DUMBO neighborhood, 60 water is a 17-storey apartment building designed by lesser architecture and developed by two trees management.
December 30, 2015
Dan Conlon and Elizabeth Bueno are Minding the Store for Two Trees
TWO TREES MANAGEMENT COMPANY’S ELIZABETH BUENO AND DAN CONLON LEASED SPACE TO BROOKLYN ROASTING COMPANY AT 50 WEST 23RD STREET (PHOTO: ARMAN DZIDZOVIC/COMMERCIAL OBSERVER).
July 08, 2015
Two Trees Has Tenant for Flatiron Property
Pacific Park Condo Gets Construction Loan
June 28, 2015
New York Bikers Get a New Hangout
Brooklyn Bike Park reopens on a riverfront site in Williamsburg
August 12, 2015
Citi Bike to Hold 'Bike-In,' Free Outdoor Screening of E.T. (With Reese's Pieces) in Brooklyn!
Tuesday, August 25, Citi Bike is hosting this summer’s only outdoor, bike-in movie in Williamsburg featuring screening of ET, the Extra Terrestrial.
August 24, 2015
Two Trees announces new ground-floor spaces for DUMBO art galleries
Two Trees Management announced this week that five galleries in DUMBO will open new, expanded ground-floor spaces in the upcoming months
November 18, 2015
Anti-Prevailing wage ad campaign tops $3M
The Real Estate Board of New York raised more than $3 million to fight the possibility of a mandatory prevailing wage on construction projects
July 17, 2015
Seamus Mullen moves into 60 Water
We welcome the chef and restaurateur by getting the scoop on his favorite local eats.
June 20, 2017
Domino Sugar Refinery Could Live on in Photobook
The 130-plus-year-old Domino Sugar Refinery might be on its way down, but one urban photographer wants to make sure the Williamsburg waterfront property lives on.
June 26, 2015